Australia is considering a new system under which 1,800 financial advice licensees will be rated, in a bid to rebuild consumer trust after several scandals with financial advisers in the country.
Advisers and consumers may be able to assess the quality and risk factors associated with a licensee under a new ratings system that is being put forward by research group, Adviser Ratings.
Adviser Ratings has proposed a new rating system for its network of 1800 financial advice licensees following consultation with government, regulators and industry.
The Australian Financial Review understands from multiple sources within AMP that the company’s partnership managers have been telling some self-employed planners that they have as little as three months to find a new operating licence.
Choosing to use a professional financial adviser can be one of the most rewarding decisions you can make, not just in terms of financial gain but also for the peace of mind and the boost to your emotional wellbeing.
There is a lot happening when it comes to fintech startups in Australia. In the past few years the industry has come into its own, even getting its own industry awards, the Finnies, to acknowledge excellence in the space.
A new report from Australian financial adviser site Adviser Ratings has found key differences between the Wide Bay region and Australia's national averages for financial planners, client income and population growth.
Financial advisers are demanding more from administration platforms, planning software and investment research vendors to help them deal with a “tsunami of disruption” to the industry caused by regulatory change and growing customer expect...
New research from Adviser Ratings has found financial advisers are more satisfied with smaller, more agile administration platforms than the larger incumbents.