FAAA member numbers hit the ASIC FAR
Falling just short of previous forecasts, recent figures indicate FAAA members now comprise almost 50 per cent of the ASIC FAR, according to Wealth Data.
Source: moneymanagement.com.au
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SMSFA calls attention to increasing demand for specialist advice
The SMSFA Association has said that the need for accredited specialists is now greater than ever and has pushed for more advisers to become accredited SMSF specialists after noting an increasing dem
Source: smsfadviser.com
Micro-AFSLs v large licensees: who leads the way?
There are 300 more micro-AFSLs this year than in 2019, but the majority of advisers still work at large licensees with more than 100 advisers.
Source: moneymanagement.com.au
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.
Source: moneymanagement.com.au
Will QAR drive greater paraplanner demand?
The Quality of Advice Review may be hoping to reduce regulatory red tape but the need for temporary support staff and paraplanners is on the rise as more advisers opt for a micro-AFSL structure.
Source: moneymanagement.com.au