Deadline Looming for Thousands of Advisers
14 May 2025 by Risk Info
More than four thousand registered financial advisers have just over seven months to complete their minimum educational requirements in order to maintain their ‘existing adviser’ status. Findings contained in Adviser Ratings’ Musical Chair...
$4k comprehensive advice fee the new bar for viability
14 May 2025 by Beata Kuczynska, Professional Planner
Advice firms need to charge between $3000 to $4000 to remain viable, despite most Australians only willing to pay $500 for financial advice. The latest Adviser Ratings Musical Chairs report found 67 per cent of unadvised Australians would ...
Advisers seek personal touch from smaller licensees
14 May 2025 by Laura Dew, Money Management
Large AFSLs with more than 100 advisers are seeing the largest losses in both adviser and AFSL numbers as individuals seek a smaller, personal vision. The latest Adviser Ratings quarterly Musical Chairs Report explored financial adviser an...
Financial advisers face competition from digital solutions
13 May 2025 by Australian Financial Review
Australians are looking for cheaper financial advice options, leaving the door open for digital solutions to gain a foothold in the advice industry.
Profits on the rise for advice practices in 2025
12 May 2025 by Shy-ann Arkinstall, ifa
Early findings from Adviser Ratings’ annual report reveal a strong upward trend for advisers in 2025 as the profession enters a period of greater stability.
The advice practices generating $5m in revenue
8 May 2025 by Laura Dew, Money Management
Over half of advice practices are achieving profit margins of 20 per cent or more, according to Adviser Ratings, but practices with more than five advisers are seeing a significant revenue boost.
Advisers urged to avoid ‘regulatory waiting game’
3 April 2025 by Jasmine Siljic, Money Management
As the financial advice profession continues to wait on further legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
The $200b managed accounts market warrants more scrutiny
3 April 2025 by Aleks Vickovich, Professional Planner
First, a disclosure: this author’s professionally advised SMSF is largely invested in a managed discretionary account (MDA). And so, by definition, he has no personal beef with managed accounts, nor does he believe them to be fundamentally...
Customer data deficit the Achilles’ heel for life insurers
27 March 2025 by Patrick Buncsi, FST Media
Despite their enormous information advantage, bigtech firms – including AWS, Meta and Google – have yet to make their long-anticipated move into the lucrative insurance space.