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Rising demand for risk businesses fuels higher prices

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29 March 2023 by Independent Financial Adviser

Article link: https://www.ifa.com.au/risk/32591-rising-demand-for-risk-businesses-fuels-higher-prices

Late last year, research from Adviser Ratings showed that the pure risk segment had dropped by 67 per cent in less than a year, while the volume of “high-risk” advisers halved.

“There are now 225 advisers handling a quarter of all in force in Australia — averaging $4 million per adviser,” Adviser Ratings said at the time.

Meanwhile, the firm found that with under 16,000 advisers currently operating in Australia, 77 per cent are now writing little to no risk, compared with 60 per cent a year earlier.


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