Adviser Movement Slows
1 February 2023 by Risk Info
While the industry is still a way from seeing growth in adviser numbers, the steepest declines appear to be behind it, according to Adviser Ratings’ Adviser Musical Chairs Report for Q4 2022.
5 adviser themes set to define 2023 revealed
21 January 2023 by Jessica Penny, Independent Financial Adviser
2023 looks set to deliver significant change on the back of previous years, which have been characterised by a shrivelling workforce, compliance pressures and heightened education standards. Advisers have given an inside look at some of th...
Will the QOA recommendations reset digital advice?
31 January 2023 by Rhea Nath, Money Management Magazine
As the financial advice industry awaits the Federal Government’s response to the Quality of Advice (QOA) Review, many hope for a proper ‘reset’ rather than selective implementation of recommendations around digital advice
Big Adviser Themes for 2023
31 January 2023 by Risk Info
2023 looks set to deliver even more change for advisers – including technological transformation and cost-of-advice tension, according to Adviser Ratings.
The major trends expected in financial advice in 2023
30 January 2022 by Rhea North, Money Management Magazine
Further fee rises and embrace of new technology are some of the key trends likely to dominate the advice industry in 2023, according to Adviser Ratings.
No let-up seen in one-off advice clients
24 January 2023 by Laura Dew, Money Management
High numbers of clients are seeking one-off advice, according to Adviser Ratings. With the economic developments and financial support packages in COVID-19 such as JobKeeper and early access to superannuation, the number of clients seekin...
Jump in proportion of advisers switching licensees
13 January 2023 by Chris Dastoor, Professional Planner
Fewer advisers moved between licensees last year, but in a shrinking industry the proportion of advisers moving has increased. According to analysis from Wealth Data and Adviser Ratings, 1595 advisers switched licensees last year, which tr...
Privately licensed universe now makes up two-thirds of licensees
12 January 2023 by SMSF Adviser
According to Adviser Ratings, in the last five years, there have been numerous changes to the makeup of the advice market, with today’s advisers largely occupying the growing privately licensed universe, which now makes up almost two-third...
100k consumers orphaned as adviser numbers dwindled
10 January 2023 by Maja Garaca Djurdjevic, Independent Financial Adviser
Adviser Ratings has predicted that with the recent exodus of advisers, as many as 100,000 consumers have either stopped seeing an adviser or were orphaned. In an analysis piece published by the firm late last year, Adviser Ratings said th...