What UK IFAs can learn from Australia’s Royal Commission
31 May 2018 by Hope William-Smith
The British financial advice sector arguably faced its most difficult period in the 1980s and 1990s. Advisers have been collectively working since then to regain the trust of the public and promote the need for expert advice, while working...
CFP exodus not in the numbers
28 May 2018 by Matthew Smith, Professional Planner
Based on the results of live polls and discussions during Australia-wide roadshow, FPA chief executive Dante De Gori said it would be too early to surmise the new FASEA standards could result in a mass exodus of experienced planners from t...
Exit plan: Financial advisers gearing up to leave the industry
28 May 2018 by Alice Uribe, Public Sector News
A mass exodus of financial planners in Australia over the next five years will put $900 billion of client wealth in play as the reality of tougher educational standards and the fallout from damning banking Royal Commission revelations set ...
AMP loses financial advisers to privately owned licensees
25 May 2018 by Alice Uribe, Australian Financial Review
Under-fire wealth giant AMP has lost almost 20 per cent of its financial advisers during the past three years, with many departing planners shunning big-bank competitors and instead choosing smaller firms. The "mass migration" of bank-ali...
Adviser exodus to leave $900b in limbo
24 May, 2018 by Krystine Lumanta, selfmanagedsuper
More than 14,000 advisers are expected to exit the financial advice industry over the next five years, representing $900 billion of net client wealth in transition. The Adviser Ratings “2018 Financial Advice Landscape Report” said the exo...
Money Management: Could 50% of Advisers Exit Industry?
24 May, 2018 by Mike Taylor, Money Management
As many as 14,000 financial advisers or close to half the industry may choose to exit over the next five years fuelled by the new Financial Adviser Standards and Ethics Authority (FASEA) regime and fall-out from the Royal Commission, accor...
On The Money: 2ser 107.3 Speaks With Mark Hoven Regarding Adviser Exits
24 May 2018 by Rod Chambers (Host), On The Money on 2ser 107.3
Kevin Suarez from the radio program On The Money: 2ser 107.3 speaks with Mark Hoven (CEO of Wealth, Adivser Ratings) regarding 7000 adviser exits since 2015 and the reasons for these exits, from the Future of Financial Advice reforms, Roya...
$900bn of wealth soon up for grabs: Research
24 May 2018 by Harrison Worley, Financial Standard
Financial adviser review service Adviser Ratings is anticipating an adviser exodus over the next five years, as scrutiny on the advice industry changes the landscape.
How client feedback can change your advice business for the better
24 May 2018 by Netwealth
Founder and Managing Director of review and ratings website Adviser Ratings, Angus Woods, spoke to Netwealth about taking advantage of online tools to engage with clients and customise services offerings.