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Adviser Ratings Unveils New Rating System (1)

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4 March 2019 by Malavika Santhebennur, selfmanagedsuper

Article link: https://smsmagazine.com.au/news/2019/03/04/adviser-ratings-unveils-new-rating-system-2/

Adviser Ratings has established an external governance committee (EGC) to oversee a new rating system in light of recommendations made by the banking royal commission.

The independent rating service of financial advisers said the licensee rating system is an industry-led initiative to be launched later this year that will support current and future legislative requirements and assist consumers, advisers, industry and regulators in differentiating between over 2200 licensee businesses comprising 27,000 financial advisers.


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