LICENSEE

Financial planning

Research from Rainmaker Information has revealed the AFSLs that experienced the largest net growth in number of financial advisers last year. ...

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Financial planning

Sequoia has detailed multiple “abnormal items” which have led to the firm cautioning on its short-term performance and considering consolidating its AFS licenses. ...

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Financial planning

Advice licensees have work to do on improving their documentation of systems and processes or risk falling foul of the regulator....

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Financial planning

There are 16 days until Quality of Advice Review deadline this month, so Money Management has crunched the numbers on the current state of the adviser landscape....

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Financial planning

There is only one licensee group which is showing positive movement over the last 12 months, according to WealthData, while Insignia has taken the lead in hiring provisio...

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Financial planning

Some 650 advisers switched licensee in third quarter of 2022, the busiest quarter for over a year, according to Adviser Ratings' Musical Chairs report....

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Financial planning

With adviser numbers having fallen below 16,000 for the first time this year, there has been a similar decline in the number of licensees, according to Adviser Ratings....

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Financial planning

Licensees should ensure they pre-vet any advice given, according to Fourth Line, as it is no longer acceptable to conduct retrospective audits....

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Financial planning

The roles of the adviser and licensee may need to be more clearly defined for the individual adviser registration regime to properly function. ...

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Financial planning

Almost one-in-two licensees are handing it back within five years and active advice is likely the only viable business model, according to Encore Advisory Group....

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Financial planning

The question is being asked about whether advisers will vote with their feet or look to self-licensing as they confront higher dealer group fees moving into 2021....

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Financial planning

A major dealer group chair has pointed to advisers rather than licensees becoming responsible for professional indemnity cover....

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Financial planning

As more advisers looking for new licensees as a result of consolidation and aligned institutions shedding advice arms, advisers need to look past just price and discounts...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 1 day ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 2 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago