Seventeen per cent of advisers are considering switching licensees in the next six months, with IOOF-aligned groups attracting the most attention from those looking to defect, new research from Adviser Ratings has found.
Now that the government has succeeded in reshaping the Future of Financial Advice (FoFA) reforms to ease the burden on the advice industry, the announcement of three new financial adviser review websites this month is timely.
The government’s proposed register of advisers is a better alternative to “opportunistic” rivals, says one lobbyist and member of the industry working group.
Industry Super Australia (ISA) has welcomed the government’s announcement to launch an enhanced adviser register by March 2015 but has criticised the lack of detail to be included, such as how advisers are paid and whether they receive sal...
Investors will be able to identify bad apples in the financial planning industry through the creation of a public register which reveals penalties, bans and sanctions against rogue advisers.
Christopher Zinn talks with Ross Greenwood on the first service of it's kind - an independent rating system of financial advisers. How does your adviser rate?
Adviser Ratings, a platform that lets users review their financial planners has launched, hoping to rebuild consumers’ faith in the sector.
The 18,000 financial adviser listings on the controversial Adviser Ratings website came from a commercial deal with research and publishing house Rainmaker Group.
Co-founder of new consumer-led review website for financial planners has responded to brokers’ concerns over the site’s independence and validity, and said there would be no reason why it couldn’t work in the broking industry as well.