The Current State of the Advice Industry - with Mark Hoven and Ausbiz

Our CEO, Mark Hoven spoke to Ausbiz today about the decline in adviser numbers and the current state of the advice industry. As we know adviser numbers have been falling for some time due to increased regulations, the complexity of maintaining compliance and meeting the new educational requirements. These factors have has increased the cost of running a financial planning business and quite literally forced advisers out of the industry.