WEALTH DATA

Financial planning

There are concerns regarding registrations on the Financial Advisers Register as smaller licensees close with backdated resignation dates. ...

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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

There have been 355 new entrants to the financial advice industry so far this year, a number equivalent to the third-largest licensee. ...

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Financial planning

There has been a steadying of adviser numbers this week as it reports gains following initial high numbers of exits after the financial adviser exam deadline....

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Financial planning

There was a net negative change of 16 advisers last week, up from five in the previous week....

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Financial planning

There has been a slowdown in the growth of provisional advisers this week following several weeks of double-digit growth, according to data from Wealth Data....

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Financial planning

Two firms have been identified as leaders in adviser growth year to date but their gains are dwarfed by adviser losses from large groups. ...

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Financial planning

Fears of a third week of triple-digit falls have been dispelled after the industry reported net positive change this week....

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Financial planning

The Quality of Advice Review could see banks re-enter the advice market if steps are taken to make advice easier to give....

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Financial planning

The industry has reported one of its largest-ever weekly falls as the number of advisers falls below 16,000 for the first time....

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Financial planning

There was a triple-digit loss of advisers this week as many who had failed to pass the adviser exam by the 30 September deadline came off the Financial Advisers Register....

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Financial planning

The number of advisers at AMP is approaching less than 1,000, compared to over 2,600 at the start of 2019....

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Financial planning

In the financial year to date, there has been a net gain of 130 advisers compared to growth of zero at the same time last year....

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Financial planning

The number of advisers has grown this week, ending six consecutive weeks of adviser losses, while there were record numbers of provisional advisers joining the industry....

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The financial advice profession has fallen by four to 16,394 with the financial year still looking strong, adding 152 compared to 76 for the corresponding period last yea...

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