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13,000 or 16,000? Industry questions adviser low-point estimate


Clockwise from top left: Karen Eleyu, Steven Fine, Simon Burke and Peter Horsfield
While researchers and
Professional Planner poll respondents predict adviser numbers will soon drop to 13,000 and below, many industry observers quietly predict the number will settle at a far more conservative 15,000 to 17,000.
A recent
Professional Planner poll asking advisers “
How low will registered adviser numbers go before they stabilise and start to grow again?” received a grim response; 17 per cent believe the number will reach 13,000 and a further 52 per cent said the number would fall below 13,000, giving a total of 69 per cent that see adviser numbers falling to ....

Western Australia , New South Wales , Karen Eley , Tom Reddacliff , Tahn Sharpe , Steven Fine , Karen Eleyu , Peter Horsfield , Simon Burke , Encore Advisory Group , Professional Planner , Adviser Ratings , Advice Landscape , Encore Advisory , North Queensland , Advanced Diploma , மேற்கு ஆஸ்திரேலியா , புதியது தெற்கு வேல்ஸ் , ஸ்டீவன் நன்றாக இருக்கிறது , பீட்டர் ஹார்ஸ்ஃபீல்ட் , சிமோன் பர்க் , ப்ரொஃபெஶநல் திட்டமிடுபவர் , வடக்கு குயின்ஸ்லாந்து ,

Industry rails against 'kick in the guts' ASIC adviser levy


Advice industry participants have unified in opposition to a significant increase in the annual adviser levy, and questioned the efficacy of an industry funding model that penalises compliant advisers for breaches committed by those that have left the industry.
The latest adviser levy for FY19/20 came in at $1500 per licensee plus $2,426 per adviser, with the adviser portion increasing from $1,142 in FY18/19 and $934 in FY17/18.
That’s an increase of 160 per cent in two years for an adviser cohort already struggling with the cost to serve.
This increase is also being concentrated across advisers providing retail advice; wholesale advisers have a separate levy, which this year sits at $29 per adviser. ....

New Zealand , New South Wales , Andrew Inwood , Tahn Sharpe , Simon Carrodus , Peter Horsfield , Institute Of Public Accountants , Financial Planning Association , Fold Legal , Recovery Implementation Statement , Neil Younger , Financial Planning , Chartered Accountants Australia , Public Accountants , Advanced Diploma , புதியது ஜீலாந்து , புதியது தெற்கு வேல்ஸ் , ஆண்ட்ரூ இன்வூட் , பீட்டர் ஹார்ஸ்ஃபீல்ட் , நிறுவனம் ஆஃப் பொது கணக்காளர்கள் , நிதி திட்டமிடல் சங்கம் , மடி சட்டப்பூர்வமானது , மீட்பு செயல்படுத்தல் அறிக்கை , நீல் இளையவர் , நிதி திட்டமிடல் , பட்டய கணக்காளர்கள் ஆஸ்திரேலியா ,