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ASIC’s Shipton Flags 2020 Advice Gap Project

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17 October 2019 by Tahn Sharpe, Professional Planner

Article link: https://www.professionalplanner.com.au/2019/10/asics-shipton-flags-2020-advice-gap-project/

According to Adviser Ratings 2850 of the country’s 25,000 or so advisers left the industry in 2019 to August, with even the most conservative pundits predicting 20 per cent of advisers (ie 5,000) will move on before 2024.
While this date was predicated on an education standards cut-off date that has since been extended to 2026, the issue remains; will there be enough advisers to go around?


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