Gap in advisers writing life insurance growingGap in advisers writing life insurance growingGap in advisers writing life insurance growing

14 February 2024 by Keith Ford, Independent Financial Adviser

In its latest edition of the Adviser Musical Chairs Report, Adviser Ratings found that just 480 advisers were responsible for writing half of the new business during 2023. The reason for this, according to Adviser Ratings, is the Life Ins...

Resumption of advice licensees on the riseResumption of advice licensees on the riseResumption of advice licensees on the rise

12 February 2024 by Independent Financial Adviser

Last week, Adviser Rating’s new report revealed that there were three departures for every new adviser in the last quarter of 2023. Namely, 264 exits were recorded in the period between October and December, suggesting that correcting the...

Self-licensing to remain strong trend in 2024Self-licensing to remain strong trend in 2024Self-licensing to remain strong trend in 2024

9 February 2024 by Laura Dew, Money Management

There remains a “strong appetite” for solo operators in the financial advice space, according to the latest quarterly Adviser Ratings’ Musical Chairs Report. In its latest report, the firm said 57 per cent of new Australian financial ser...

Smaller, privately-owned licensees dominate in numbers but not advisersSmaller, privately-owned licensees dominate in numbers but not advisersSmaller, privately-owned licensees dominate in numbers but not advisers

9 February 2024 by Chris Dastoor, Professional Planner

Just over four out five Australian financial services licensees permitted to give personal advice to retail clients have fewer than 10 advisers, illustrating how disjointed the licensee landscape has become. The latest quarterly Adviser R...

Threefold departures challenge profession’s stability

9 February 2024 by Maja Garaca Djurdjevic, Independent Financial Adviser

The latest quarterly Adviser Ratings’ Musical Chairs Report has painted a sombre picture of the profession’s ability to recoup its numbers, revealing that while a few dozen advisers entered the profession in the last three months, departur...

Advice sector ‘thriving’: Practice revenue up more than 5%Advice sector ‘thriving’: Practice revenue up more than 5%Advice sector ‘thriving’: Practice revenue up more than 5%

2 February 2024 by Keith Ford, Independent Financial Adviser

According to early data from the Adviser Ratings Advice Landscape study, the financial advice sector is “thriving”. The average increase in advice practice revenue is more than 5 per cent, Adviser Ratings said, while 35 per cent of practi...

Adviser Salary Increases ExpectedAdviser Salary Increases ExpectedAdviser Salary Increases Expected

2 February 2024 by Risk Info

Increased revenues, stable operational costs, and improved insurance terms are culminating in higher salaries for advisers, according to Adviser Ratings. The research firm says that early data from its ongoing Adviser Ratings Landscape St...

Is self-licensing right for your business?Is self-licensing right for your business?Is self-licensing right for your business?

30 January 2024 by Laura Dew, Money Management

Advisers may be contemplating the switch to running their own Australian financial services licence (AFSL) after the recent spike in micro-AFSLs, but commentators have warned it is not necessarily the right path for everyone. Research by...

Micro-AFSL trend to continue in 2024: Wealth DataMicro-AFSL trend to continue in 2024: Wealth DataMicro-AFSL trend to continue in 2024: Wealth Data

8 January 2024 by Jasmine Siljic, Money Management

The shift towards smaller advice practices obtaining their own Australian financial services licence (AFSL) will resume in 2024, according to Wealth Data’s Colin Williams. Money Management previously explored the reasons behind advisers c...

 
 
 
;