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Monthly Review | The Actuality of Red Africa

This article will be released in full online June 10, 2023. What is “Red Africa”? Through an extended treatment of Kevin Ochieng Okoth’s Red Africa: Reclaiming…

AFSL cancellations hit double digits with Qld advice firm

ASIC has cancelled the AFSL of a Gold Coast advice firm, its 10th AFSL cancellation since the start of the year with the majority being advice firms.

How can advice firms avoid an AFSL failure?

With 4.2 financial advice firms expected to fail per year, what type of problems can occur that could cause a licensee or micro-AFSL to go under?

Which licensee has seen the highest adviser losses FYTD?

Wealth Data has revealed which financial advice licensee has lost the greatest number of advisers this financial year-to-date, with the firm declining by 59 advisers over the period.

CSLR underestimating future financial advice firm failures