COLIN WILLIAMS

Financial planning

Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....

Superannuation

Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....

Financial planning

The financial advice profession has lost 89 advisers this week following three consecutive weeks of triple-digit falls to see 499 advisers leave in the last four weeks....

Financial planning

Research by Wealth Data has revealed the total number of advisers who have enough experience to qualify for the proposed experience pathway if it is enacted....

Financial planning

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

Financial planning

The merger between superannuation funds Hostplus and Statewide Super has caused a busy week for adviser movements with only a net of five advisers leaving the industry th...

Adviser numbers this week have seen a slight uptick to 17,197 with a positive net change of four advisers, largely driven by nine new provisional advisers joining the ind...

Financial planning

Adviser numbers this week have seen a slight uptick to 17,197 with a positive net change of four advisers, largely driven by nine new provisional advisers joining the ind...

Financial planning

This week saw another decline in adviser numbers, driven by AMP and Insignia, with fewer advisers switching to new licensees. ...

Financial planning

It looks like the pace of advisers existing the industry has stabilised, with a net change in adviser numbers having been pushed into a positive territory for the second ...

Financial planning

Small licensees are further expected to close in the coming weeks with the number of advisers expected to reach between 15,000 and 16,000 this year, according to Wealth D...

Financial planning

The net change in adviser numbers between 23 December and the second week of January was 603, with that number expected to grow further in the weeks ahead....

Financial planning

The financial advice industry is finishing the year with a loss of 2,189 advisers, however the worst is yet to come, according to Wealth Data....

Financial planning

Over 1,300 advisers are expected to drop off the Australian Securities and Investments Commission’s register between now and the start of the next year....

Financial planning

The first week of December sees heavy losses again in adviser numbers with a net change of advisers of over 120 while the net losses for the year stood at 2,062, accordin...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 8 hours ago