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Showing 1 - 10 of 100+ results for "Financial Adviser Register"

ASIC bans financial adviser for five years

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
... didn't permit him to trade shares on, or operate, managed discretionary accounts, ASIC said. The ASIC Financial Adviser Register shows Guan was an authorised representative of Lifespan Financial Planning until March 2021 before a two-month stint with ...

Record number of adviser graduates: Kaplan

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... months to the end of March 2022;3075 advisers exited the industry in this period. Analysis of the ASIC Financial Adviser Register also showed that the number of financial advisers is now back to where it was in 2014. Nevertheless, Kaplan chief executive ...

3000 advisers left industry last year

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... left the industry in the last 12 months, according to Rainmaker's most recent analysis of the ASIC Financial Adviser Register. The number of ASIC-registered financial advisers decreased 15% through the 12 months to end March 2022 to reach 17,602. This ...

ASIC releases latest adviser exam results

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... close to 20,000 candidates have sat the exam to date, with 91% passing. That said, analysis of the ASIC Financial Adviser Register shows there is now only about 17,000 advisers active in the industry. ASIC even acknowledged this, saying of those that ...

Experienced advisers in education limbo

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... qualifications - that is four years for a graduate diploma and five years for a master's. ASIC's Financial Adviser Register does not record how many advisers are in such a position and are therefore affected. Kaplan chief executive Brian Knight ...

Adviser numbers close in on 17k

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... dipping below the 17,000 mark as more than 700 recently exited the industry. As of March 17, the ASIC Financial Adviser Register recorded 17,246 active advisers, Rainmaker modelling of the data reveals. On January 20, there were 18,015 servicing the ...

FPA is the preferred association: Research

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
... advisers report they are part of the professional body. Some 38% or 7239 active advisers on ASIC's Financial Adviser Register are members of the FPA based on the 18,800 recorded in the December 2021 database. Rainmaker's analysis found that the Association ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... users despite falling adviser numbers and BT Panorama's extended outage in 2021. According to the ASIC Financial Adviser Register, there's about 18,000 financial advisers registered today; more than 800 exited over the Christmas and New Year period alone. ...

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... currently 18,015 practising financial advisers left, according to Rainmaker's modelling of the ASIC Financial Adviser Register as at January 20. Rainmaker reported on 16 December 2021, there were 18,822 financial advisers. Early that year, the total ...

Most paraplanners will not become financial advisers

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
... have over four years' experience in the industry. Only 21% of paraplanners are found on the ASIC Financial Adviser Register. Only a third (34%) are members of an industry body. Paraplanners believe they are not "glorified typists" and have influence ...
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