by Adviser Ratings
Advice given to AMP advisers suggests that the legality of the effective devaluations of their businesses via AMP’s controversially amended Buyer Of Last Resort (BOLR) arrangements may be contestable. A lawyer representing a number of effected…
by Noni Long
This week we profile Noni Long, a Platinum adviser with 20 client reviews and a average client rating of 4.89 out of 5 stars. Noni, who gets tremendous satisfaction in witnessing clients joy when they achieve their goals, is the Director of Hello…
by Adviser Ratings
Initial analysis of adviser movements in Quarter 3 of 2019 has seen overall adviser numbers decline by around 700 individuals. This equates to a contraction of almost 3% of the number of people authorised to offer financial advice – which currently…
by Noni Crawford
If I have greater than $1.6m in Super but my spouse has very little Super, can I utilise the bring forward rule to transfer up to $300,000 from my Super to my spouses super? Alternatively if I have up to $300,000 in a separate bank account outside…
by Adviser ratings
There has been much speculation that the new qualification regime facing advisers may help contribute to a crash total adviser numbers. It has been suggested across much of the industry media that this, combined with changing remuneration models may…
by Adviser Ratings
FASEA’s recent release of an updated guidance document to its code of ethics has been met with a storm of criticism from advisers and industry stakeholders. Of particular concern is a change from the original explanatory statement for standard…
by Adviser Ratings
The regulatory and compliance burden facing growing licensees is perhaps, the X-factor that should not be frivolously dismissed by anyone concerned with the future of the advice industry. With the big guys exiting advice, there will be a renewed…
by Adviser Ratings
New figures for Quarter 3 show that more new licensees have been registered than have ceased operation, reversing the situation from Quarter 2 which saw, for the first-time licensee shutdowns outnumber new licensees for the first time in almost 5…
by Adviser Ratings
The exit of Westpac from advice has seen hundreds of advisers forced to seek new licensees to operate under. The closure of Financial Wisdom less than 12 months away and the fate of hundreds of AMP advisers still up in the air. These and other…