There were over 350 new entrants who came on board during 2022, according to Wealth Data, as the industry seeks to grow to counter the adviser exodus. ...
Wealth Data has revealed the total number of advisers, and their sectors, who left during 2022. ...
Licensees will need to ensure their advisers’ Financial Adviser Register record states if they can provide tax (financial) advice by 1 February, 2023. ...
There are concerns regarding registrations on the Financial Advisers Register as smaller licensees close with backdated resignation dates. ...
Almost 500 AFS licensees received communication from ASIC earlier this year because they had failed update their ceased advisers on the Financial Advisers Register....
Almost 500 AFS licensees received communication from ASIC earlier this year because they had failed to update their ceased advisers on the Financial Advisers Register (FA...
The acquisition has brought a new combined entity of WT Financial Group and Synchron to 560 advisers, as per Australian Securities Investment Commissions’ Financial Advis...
Senior executives should face civil penalties of up to $1 million if they breach the Financial Accountability Regime, according to consumer advocacy group CHOICE....
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...
The new Financial Accountability Regime between APRA and ASIC will have clearly defined roles to avoid duplicate reporting to multiple agencies....
There is an expectation that the total number of advisers will drop to 17,200 in January, and thereafter to between 15,000 and 16,000....
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....
The registration of financial advisers under the Better Advice Act will occur in two stages with the second commencing once the register transitions to the Australian Tax...
One-third of advisers are likely to have their rating downgraded as the firm incorporates more focus on education and professional standards....
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...