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DATA REVEALS ‘BIG UPTICK’ IN ADVISER EXITS

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11 January 2020 by Sarah Kendell, IFA

Article link: https://www.ifa.com.au/news/29022-data-reveals-big-uptick-in-adviser-exits

According to the group’s weekly adviser movements update, 78 advisers left the industry in the week to 24 December 2020, which was “a big uptick from prior weeks”, Adviser Ratings founder Angus Woods said.
Including data from Adviser Ratings’ earlier adviser movements updates for the month, it’s estimated that almost 250 practitioners left in December, with the industry exodus continuing as many made the choice to retire at the end of the calendar year.


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