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Advisers urgently call on Treasury to recognise degrees

Advisers urgently call on Treasury to recognise degrees
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Judith foxAssociations working groupHayne royal commissionInvestment advisers associationEthics authorityProfessional yearJoint associations working groupFinancial adviser standardsHayne royal

Micro-AFSL trend to continue in 2024: Wealth Data

The financial advice profession can expect to see more advisers forming their own practice instead of sticking with major licensees in 2024, leading to greater industry competition, says Wealth Data’s Colin Williams.

Colin williamsEthics authorityWealth dataMoney managementAdviser ratingsFinancial adviser standardsAdvice review

Client book no longer a barrier to advice recruitment

With the advice industry experiencing a loss of advisers, holding a solid client book is no longer a requirement as many firms may already have existing clients but lack sufficient advisers.

Colin williamsEthics authorityKaizen recruitmentWealth dataFinancial adviser standardsVirtual business partners

Experienced advisers stand firm as younger peers fold

Almost half of the advisers who have departed this year have been in the industry for less than 10 years while older advisers are pinning their hopes on the experience pathway.

Colin williamsCapital groupBell financial groupEthics authorityMoney managementFinancial adviser standardsRoyal commissionsBombora advice

Jones updates on experience pathway progression

Professionalisation of the financial advice industry needs to be balanced with the adviser shortage, according to Minister for Financial Services, Stephen Jones, as he confirms the experience pathway could soon pass parliament.

Krung thep mahanakhonPeter johnstonFinancial services stephen jonesEthics authorityMoney managementCorporations actFinancial adviser standards