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In Brief: July Edition  

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Govt in denial re industry challenges including unaffordable advice & need for financial literacy education

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3 March 2020 by Paul Tynan, CEO Connect Financial Service Brokers

Article link: https://prwire.com.au/pr/88573/govt-in-denial-re-industry-challenges-including-unaffordable-advice-amp-need-for-financial-literacy-education

A year after the Hayne Royal Commission, advice industry commentators continue to debate what the advisory sector will look like going forward.  As the debate rages surveys such as Adviser Ratings, reveal a downward spiral with adviser numbers falling to a four-year low in 2019 and approximately 1133 practitioners exiting industry in the 4th quarter of last year.


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