advisers

Financial planning

Centrepoint Alliance reports strong adviser growth

Centrepoint Alliance has ended the 2022 financial year with 517 licensed advisers with an additional 175 advisers coming from the acquisition in ClearView and a further 2...

Financial planning

Investors report lack of adviser interest in ESG

Investor interest in ESG investing is growing but only 20% of investors say their adviser has explained ESG concepts and terms to them....

Financial planning

Third week of advice industry growth

The number of financial advisers has grown for the third week in a row, bringing the total growth for the financial year to date to 170, according to Wealth Data....

Financial planning

AMP CEO reflects on handling of advisers’ mental health

AMP’s chief executive, Alexis George, has reflected on the firm’s response to addressing the mental health concerns of its adviser network following controversial changes...

Financial planning

Advice industry grows with appointment spike

After losing 126 advisers last week, the advice industry has recorded 117 appointments and 115 losses for a net gain of two advisers this week....

Financial planning

How CIFAA will differentiate itself for independent advisers

The newly-announced Certified Independent Financial Advisers Association believes it will be better aligned with the interests of independent advisers because it is low c...

Policy & Regulation

How much will advisers pay in 2021/22 levy?

The Australian Securities and Investments Commission has released its latest cost recovery implementation statement for 2021/22, providing an estimated levy for financial...

Financial planning

AFCA confirms user-pays funding model

The proposed AFCA user-pays funding model will be introduced from 1 July with a few improvements following industry feedback while the superannuation levy will be abolish...

Financial planning

Advisers unable to exit seek ‘general advice’ role

Half of advisers who have not passed the financial advice exam still intend to stay in the industry with the most-common role as a mentor of new advisers or in a ‘general...

Financial planning

Looking beyond the Professional Year

One of the most important factors to a successful Professional Year strategy is for firms to look beyond the 12-month horizon and how a candidate can develop at the firm ...

Financial planning

Clime acquires Melbourne wealth manager

Clime Investment Management has acquired a Melbourne-based wealth management firm for $7 million after committing to increase its adviser network....

Financial planning

Will AMP regain top spot this year?

Insignia has lost 31 advisers this week, according to Wealth Data, narrowing the already-small gap between them and AMP Group. ...

Financial planning

Another week of sharp adviser losses

Adviser numbers have fallen sharply for the second week in a row, experiencing a net change of -33, largely driven by licensees closing up shop due to having zero adviser...