Disclaimer
The annual Money Management Salary Survey is conducted by the Financial Recruitment Group, and examines current remuneration packages in the financial services sector, compiling data on both salary levels and bonus or incentive payments.
The data provided on financial planners does not include those individuals who own their own practice, or other types of self-employed advisers, as determining the actual salary of a business owner is difficult due to their tendency to reinvest profits back into the business. As such, all planners surveyed for this research are those working on a salaried basis.
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Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
