Advisers exiting, licensees closing down

www.moneymanagement.com.au
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Although this week's analysis has confirmed an ongoing exit of advisers from the industry, with 205 adviser roles lost year to date, it is happening at a slower pace compared with the last year as the number of adviser roles ceased during the first quarter of 2020 stood at 761, according to HFS Consulting's analysis.

At the same time, 19 licensees closed down, resulting in the loss of 49 adviser roles, while…
Oksana Patron
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