Zero change in adviser numbers supports stabilisation trend

Wealth Data’s key adviser movements reported no net change of advisers in the week up to 16 March.

The Australian Financial Complaints Authority has addressed the Independent Review’s recommendations and pushed for greater internal dispute resolution.

ASIC has issued interim stop orders on three BT funds run by Advance Asset Management for DDO failings.

The investment research portal has been appointed the mandated research provider and would commence a bespoke onboarding program for advisers across the InterPrac dealer group.

Adrian Johnstone would succeed co-founder and former CEO Glenn Elliott, who will maintain his role on the Practifi board and an ownership stake.

Mark McCabe has been charged for dishonestly obtaining over $940,000 from eight people, seven of whom were clients of his companies.

After seven weeks of waiting, the final report of the Quality of Advice Review was released in early February, prompting eager reading by the advice industry.