APAC ETF AUM poised to reach $2.5tn by 2027: PwC

ETFs PwC Global X ETFs

A global survey of more than 70 ETF executives has recorded massive optimism for the market and the “untapped potential” it offers investors.

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The human foundation of the adviser-client relationship

FPA Financial Planning Association of Australia financial advice client relationships

Whilst having technical knowledge is crucial, this adviser suggests that being an emotional rock to clients should be the top priority.

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Thousands of advisers still lacking approved degrees

degree Wealth Data experience pathway financial advice

There are still over 3,000 financial advisers on the Financial Advisers Register (FAR) who are without a degree and expect to rely on the experience pathway to continue their careers.

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Finfluencer banned by Federal Court

finfluencers federal court

The Federal Court has issued a permanent injunction against finfluencer, Tyson Scholz, to prohibit him from carrying on a financial services business.

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AFCA’s complaints resolution scheme passes $1bn mark

AFCA compensation consumer protection

The financial services ombudsman has secured $1 billion in compensation and refunds for consumers since 2018 and is on track to receive close to 100,000 complaints this financial year.

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Former Brisbane adviser permanently banned

ASIC banning

A former Brisbane-based financial adviser has been permanently banned from any involvement in financial services.

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Global X announces Australian equity ETF

Global X ETFs ETFs diversification

The ETF provider has launched the Australia ex Financial & Resources ETF, offering a way for investors to diversify their Australian equity exposure away from the major players.

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Young Australians want and need more financial education

financial education Griffith University financial literacy

With the average person seeking out financial advice only after they’ve had a poor experience, it’s crucial to ensure a solid financial base from a young age, according to this Griffith academic.

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Former BT investment head joins Mercer wealth team

BT BT Investment Solutions mercer

John Allmey, former head of investment specialists at BT, will become a strategic relationship leader for wealth management at Mercer following the sale of BT Investment Solutions and Advance Asset Management.

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CBA wealth and advice exec joins Allianz Australia

CBA ANZ Wealth Allianz australia

Shez Ford, former wealth and advice executive at CBA, has moved over to Allianz Australia as chief general manager, consumer.

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