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....
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 corporate regulator’s financial advice hub aims to be a single repository to help industry participants more easily find information....
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...
Many of the remaining Hayne Royal Commission recommendations will do nothing more than harm and damage ordinary Australian consumers, a member of a parliamentary committe...
As industry organisations face Parliament to argue against rising regulatory levies, the Australian Financial Complaints Authority has praised financial advisers for rece...
There will be a problem in the next five years as falling adviser numbers coincide with more households seeking advice, according to Easton Investments. ...
There needs to be a better recognition of previous study undertaken by financial planners, and in particular continuing professional development studies, according to the...
An online platform will help advisers to prevent their clients from suffering financial abuse as misconduct rises during the COVID-19 pandemic. ...
The most burdensome compliance-related task for advisers are file noting and data collection at the fact-find stage, according to a report. ...
The Financial Services Council has announced a collaborative work with members across the financial services industry to design templates to help enable the implementatio...
While a fixed-term fee agreement is a valid alternative for advisers finding difficulty in the ongoing fee arrangement requirements, they need to ensure their fee chargin...
Administration and compliance accounts for nearly 30% of all financial adviser work tasks and those factors along with education requirements look to be barriers to busin...
Around 300 financial advisers are known to have passed their Financial Adviser Standards and Ethics Authority exam but left the industry this year, according to data. ...
To avoid any uncertainty over the Financial Adviser Standards and Ethics Authority exam scheduling next year, advisers should only take the ‘career break’ option as a las...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...