Are you a dealer group recruitment target?
With IOOF’s acquisition of MLC Wealth’s financial planning and associated businesses, financial planning practices working under IOOF and MLC Wealth licenses have found themselves being targeted for recruitment by other advice licensees.
At the same time there is plenty of attention also being directed towards AMP to determine what, if anything, will evolve as that company continues to restructure its advice business.
For that reason, Money Management is seeking to gain a picture of how advisers being affected by current events in the industry. Please take the time to complete the following survey. https://www.surveymonkey.com/r/QWHD7DM
We will share the results with participants.
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The Australian Financial Complaints Authority has reported an 18 per cent increase in investment and advice complaints received in the financial year 2025, rebounding from the previous year’s 26 per cent dip.
As reports flow in of investors lining up to buy gold at Sydney’s ABC Bullion store this week, two financial advisers have cautioned against succumbing to the hype as gold prices hit shaky ground.
After three weeks of struggling gains, this week has marked a return to strong growth for adviser numbers, in addition to three new licensees commencing.
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice.

