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Australia · AustraliaIn the wake of the latest financial adviser exam results, new analysis has revealed increasing numbers of people who have passed the exam but are choosing not to practice. The WealthData analysis reveals that 5,096 people are now showing as having passed the exam but are choosing not to practice which is the equivalent of 33.31% of the active advisers. WealthData principal, Colin Williams said this was up from 28.36% a year ago. Williams also no…Read Article
A third of those passing the adviser exam choose not to practice - Financial Newswire

Australia · AustraliaThe merger of L1 Capital and Platinum Asset Management will not improve the combined entity’s competitive positioning relative to index funds and large active managers, according to Morningstar analysis. While acknowledging that the proposed merger “injects new life into Platinum” Morningstar senior analyst, Shaun Ler has suggested that the structural challenges facing traditional active managers will remain – namely, fee pressure and market sha…Read Article
Platinum/L1 merger no panacea says Morningstar - Financial Newswire

Australia · AustraliaAccording to the latest data from wholesale trading platform, AUSIEX, advisers used the last six months to make room for an influx in exchange traded fund (ETF) holdings by shedding their clients’ holdings in certain banks. The figures suggested ETFs had very much asserted their position alongside resources in advised investor portfolios during the first six months of 2025, with 10 appearing on AUSIEX’s list of top 20 advised investor stock purc…Read Article