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Financial planning
There were over 350 new entrants who came on board during 2022, according to Wealth Data, as the industry seeks to grow to counter the adviser exodus. ...
Financial planning
Wealth Data has revealed the total number of advisers, and their sectors, who left during 2022. ...
Financial planning
Licensees will need to ensure their advisers’ Financial Adviser Register record states if they can provide tax (financial) advice by 1 February, 2023. ...
Financial planning
There are concerns regarding registrations on the Financial Advisers Register as smaller licensees close with backdated resignation dates. ...
Financial planning
Almost 500 AFS licensees received communication from ASIC earlier this year because they had failed update their ceased advisers on the Financial Advisers Register....
Financial planning
Almost 500 AFS licensees received communication from ASIC earlier this year because they had failed to update their ceased advisers on the Financial Advisers Register (FA...
Financial planning
The acquisition has brought a new combined entity of WT Financial Group and Synchron to 560 advisers, as per Australian Securities Investment Commissions’ Financial Advis...
Financial planning
Senior executives should face civil penalties of up to $1 million if they breach the Financial Accountability Regime, according to consumer advocacy group CHOICE....
Financial planning
Small licensees are further expected to close in the coming weeks with the number of advisers expected to reach between 15,000 and 16,000 this year, according to Wealth D...
Financial planning
The new Financial Accountability Regime between APRA and ASIC will have clearly defined roles to avoid duplicate reporting to multiple agencies....
Financial planning
There is an expectation that the total number of advisers will drop to 17,200 in January, and thereafter to between 15,000 and 16,000....
Financial planning
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....
Financial planning
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...
Financial planning
One-third of advisers are likely to have their rating downgraded as the firm incorporates more focus on education and professional standards....
Top 100
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
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Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...