Micro-AFSLs claim market share from largest players
Growth in micro-AFSLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result.
Source: moneymanagement.com.au
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Micro-ASFLs claim market share from largest players
Growth in micro-ASFLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result.
Source: moneymanagement.com.au
Advice industry records slight decline | Money Management
The financial advice industry has declined by eight advisers to 16,400 this week with the financial year still looking strong, up 150 compared to 82 for the corresponding period last year, according to Wealth Data.
Source: moneymanagement.com.au
First big negative week of losses for FY23
The financial advice profession has lost 24 advisers, the first big negative week for the new financial year.
Source: moneymanagement.com.au
Fewer advisers switching licensees | Money Management
This week saw another decline in adviser numbers, driven by AMP and Insignia, with fewer advisers switching to new licensees.
Source: moneymanagement.com.au