Press Release: New Advice Licensees Too Many For Regulators In a Post-Dover World

The Top 20 licensees comprising advisers with a history of licensee switching and low educational levels, and the Top 20 fastest growing licensees, could be singled out as high-risk groups requiring further scrutiny. The 500 “micro” licensees established in the last three years, and the licensing approval process that pumps them out, could also be under the spotlight. These are the key findings from the latest Adviser Ratings research report that asks, “Where will ASIC look next?”.