Weekly Adviser Movements for Australia up to 13 January, 2022

Angus Woods takes us through ARdata’s latest adviser movements and industry insights. With many licensees yet to report their adviser numbers to the regulator post the final FASEA exam, we see another 169 advisers exit the industry in the past four days alone.

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SMSF adviser network sees the biggest loss this week, losing 89 advisers, highlighting the predicted fallout post FASEA exam deadline.

Australia now has 17,687 active advisers. Stay tuned for further losses with yet another two weeks left for licensees to update their adviser’s FASEA qualification status with ASIC.

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Angus Woods

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Weekly Adviser Movements for Australia up to 13 January, 2022

Angus Woods

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