Financial Planning | Understanding the Professional Year in Australia Under the Corporations Act 2001, for any new entrants seeking to become qualified as a financial adviser, they must complete an ASIC Approved Degree, pass the
Executive Summary This article explores a number of positive and negative factors which are impacting, and will continue to impact financial adviser salaries in Australia. We expect financial adviser salaries to have modest wage growth
The effects of Covid-19 on BDM operations During pre Covid-19 times, most retail Business Development Managers (BDMs) were expected to undertake 10 to 12 face-to-face client meetings per week. Since Covid-19 restrictions were introduced in
Industry update The financial planning industry is facing increased headwinds resulting from COVID-19 as financial advisers are working remotely and are forced to communicate with their clients electronically. Increased market volatility has also amplified the
