Centrepoint

Financial planning

Micro-AFSLs claim market share from largest players

Growth in micro-AFSLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result....

Financial planning

Insignia tops annual turnover

Looking at annual turnover statistics, Insignia has the highest annual adviser turnover rate of the big five licensees while Morgans has easily the lowest rate of turnove...

Financial planning

Letters of Advice are the way forward

Centrepoint Alliance has thrown its weight behind introducing short and succinct Letters of Advice instead of lengthy Statement of Advice documents, as they would free up...

Financial planning

Centrepoint completes ClearView acquisition

The combined group has over 1,300 licenced and self-licensed advisers and ClearView will have 25% voting power....

Financial planning

Centrepoint/Clearview entity to have over 500 advisers

Centrepoint’s acquisition of Clearview’s advice business will create a new combined entity that will be one of the largest financial planning groups in the country in ter...

Financial planning

Advice fees push Centrepoint Alliance NPAT into positive territory

Revenue growth on advice fees has helped Centrepoint Alliance return to profitability in FY21 after reporting a loss in the previous year as the firm moves to acquire Cle...

Financial planning

Economics will solve adviser supply issue

Economics will eventually solve the adviser supply issue but not before the industry is recognised as a profession with the lag between people wanting to become advisers ...

Financial planning

Once-off advice will not bridge advice gap

Giving once-off advice is still costly for advisers to provide and will not solve the pricing issue which has come out of the rising cost of advice....

People & Products

Centrepoint Alliance appoints CEO

John Shuttleworth has been appointed to lead Centrepoint Alliance in its next phase of growth as it focuses on expanding its offering and digitising key services....

Financial planning

Are part-time licences the key to retaining talent?

More licensee groups offering different licences for part-time advisers might help retain talent, especially those who want to balance work/family commitments, including ...

Financial planning

Most adviser 'downsizing' has run its course

Centrepoint Alliance has lost most of the adviser roles it expects to lose and it expects only a small cohort to drop-off at the end of the year....

Financial planning

Centrepoint announces technology deal with Intelliflo

Centrepoint Alliance has emerged as a financial advice bridgehead for UK advice technology firm, Intelliflo....

Financial planning

Key licensees hit back at FPA adviser registration proposal

The Financial Planning Association’s proposals to have adviser registration over-ride licensing has run into a backlash from key financial planning licensees who say they...