What to consider when hiring an asset consultant
12 June 2023 by Laura Dew, Money Management
There are three things to consider if any advice firms want to consider working with outsourced asset consultants, according to Mason Stevens’ chief investment officer, Jacqueline Fernley. The 2022 Adviser Landscape Report from Adviser R...
Are life insurance advisers at risk of extinction?
5 June 2023 by Jasmine Siljic, Money Management
Commission changes, premium increases, and profitability fears have driven risk advisers out of the profession or into new advice careers, says Adviser Ratings. During 2020–22, risk advisers were between 2.4 and 2.5 times more likely to ...
Adviser Ratings merges with ProductRex
2 June 2023 by Jasmine Siljic, Money Management
Adviser Ratings’ wealth data and sentiment business ARdata announced its completed acquisition of investment and superannuation system ProductRex. With ARdata taking full ownership of the platform, ProductRex’s founder, Nick Topham, would...
Adviser Ratings acquires ProductRex
1 June 2023 by Professional Planner
Super and platform comparison tool ProductRex has been acquired by Adviser Ratings. The software was launched nearly two years ago by digital specialist Nick Topham, who operated it as a one1-person business. It grew significantly and now...
Media Release: Adviser Ratings Group Acquires Super & Investment Platform Comparison To...
1 June 2023 by Adviser Ratings
Australia’s leading wealth data and sentiment business, ARdata, has today announced it has completed the acquisition of ProductRex, the hugely popular investment, platform, and superannuation recommendation modelling tool for financial adv...
Advisers told to adjust to new economic reality
24 May 2023 by Keith Ford, Independent Financial Adviser
In the wake of the global financial crisis, a prolonged period of low inflation and historically low interest rates followed. However, with inflation soaring and interest rates subsequently rising, advisers will now face the challenge of g...
Investors at risk of making ‘costly mistakes’ amid advice access constraints
19 May 2023 by Charbel Kadib, Money Management
Data published by Adviser Ratings in 2022 revealed average ongoing advice fees increased 41 per cent in the three years to 2021, from $2,510 to $3,529.
Poll reveals 3 in 4 advisers support final QAR report
18 May 2023 by Maja Garaca Djurdjevic, Independent Financial Adviser
Speaking on a webcast hosted by the Financial Services Council (FSC) last week, Financial Services Minister Stephen Jones revealed that he would formulate the government’s response to the Quality of Advice Review (QAR) by early June. To c...
FAAA is ‘really concerned’ about risk advice, says Abood
17 May 2023 by Maja Garaca Djurdjevic, Independent Financial Adviser
The chief executive officer of the Financial Advice Association Australia (FAAA), Sarah Abood, has revealed that the life risk advice space is on the association’s advocacy agenda. Last year, research from Adviser Ratings showed that ther...