licensee

Financial planning

Which licensee segments have seen the biggest declines?

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....

Financial planning

The importance of pre-vetting SOAs

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

Financial planning

Is clarity needed over individual registration for advisers?

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

Financial planning

Cessation of licensees outpacing new entrants

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....

Financial planning

Licensees lifting adviser fees, but who has most at stake?

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....

Financial planning

Will individual adviser registration change who pays for PI?

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

Financial planning

Price not the only factor when picking licensee

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...