With AMP selling off its advice business and Insignia moving to the Rhombus Advisory model, the top licensees have seen a significant shake-up in just five weeks.

As the number of new entrants to the industry passes 100 for FY25, ASIC reports that firms are finding it a positive experience and has highlighted three areas to improve the process.

With the exit of over 1,000 advisers from AMP, questions have been asked as to how this will affect assets on the North platform.

While ETFs are growing in popularity with advisers, there is a growing divide in demand between those which are index and active, and advisers are “unconvinced” by the active offerings.

Iress has appointed Insignia Financial’s former general manager of master trust and insurance products as its newest CEO of superannuation, who will take over from Paul Giles.

Federated Hermes has expanded its Australian and APAC distribution team with a newly created role.

With business owners very rarely planning their exit from the advice practice in advance, three experts underscore why succession planning is critical for long-term success.