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In Brief: July Edition  

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Renewed push for overhaul of financial adviser licensing

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3 June 2020 by Aleks Vickovich, AFR

Article link: https://www.afr.com/companies/financial-services/renewed-push-for-overhaul-of-financial-adviser-licensing-20200602-p54yq6

According to research house Adviser Ratings, there were a total of 2,185 licensees in operation at March 2020. Of those, 97 per cent are privately-owned and upward of 70 per cent authorise more than 30 advisers, indicating licence provision is a core part of their business.


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