financial advisers

Financial planning

5 years of the Hayne RC: 5 advisers reflect on industry progress

Five years since the Hayne royal commission was released to the public in February 2019, Money Management speaks to five advisers who reflect on how the advice industry h...

Financial planning

Accountants v advisers: Which profession is higher paid?

As competition heats up between advice firms and accountancies to attract top graduates, Money Management compares the potential salaries of both professions and how they...

Financial planning

Government expands flexibility for approved degrees

The federal government has released draft legislation making it easier for financial advisers to demonstrate they have a qualified degree and changing the transitional ar...

Financial planning

Iress isn’t ‘waiting to play catch up’ in AI development

Iress remains steadfast to deliver on its promise of being an incumbent in the financial software market, which will include offering AI toolkits to advisers....

Policy & Regulation

How could the ALRC report change financial advice?

The release of ALRC’s final report into financial services legislation has highlighted financial advice as a “significant” focus as it seeks to reduce costs and help advi...

Financial planning

ASIC agrees to extend adviser registration date

Following statistics that thousands of financial advisers are yet to complete their financial adviser registration, ASIC has agreed to extend the deadline. ...

Financial planning

Qld adviser’s promise of 8% returns leads to permanent ban

A Gold Coast financial adviser who guaranteed his clients annual 8 per cent returns has been permanently banned from providing any financial services....

Financial planning

ASIC pushes back first 2024 adviser exam

Candidates looking to sit the financial adviser exam next year will have a longer wait as ASIC pushes back the first sitting date in order to make amendments to the exam'...

Financial planning

Government announces changes to adviser exam delivery

The government has released draft legislation to improve the delivery and accessibility of the adviser exam....

Financial planning

Financial advisers strengthen ties with accountants

With a move towards servicing high-net-worth investors who are seeking a professional network, accountants and financial planners are working closer than ever before and ...

Funds management

Cost-of-living crisis sidelines ESG investment

Research from Adviser Ratings reveals investors are increasingly prioritising long-term financial stability over ESG investment as the cost of living bites, a contrast to...

Financial planning

Advisers seek external support during geopolitical uncertainty

A majority of financial advisers believe additional assistance is crucial when communicating geopolitical tensions to clients, an advisory firm has uncovered....

Financial planning

Advisers lean into the great wealth transfer’s benefits

Financial advisers who actively engage with their clients’ wealth transfer to their children are seeing greater client satisfaction and higher retention rates, Australian...

Financial planning

Paraplanners reluctant to progress to adviser status

A new survey has found that less than a quarter of paraplanners hope to become a financial adviser, placing a hurdle in the way of boosting adviser numbers....

Financial planning

Bridging the adviser shortage one entrant at a time

Two industry professionals have shared the vital role of graduate programs in attracting new entrants into the financial advice profession before they leave university....