The FPA’s Future2 Foundation will now include participants from the Association of Financial Advisers and the SMSF Association as board director Sarah Abood steps down.

There has been a net gain of 15 advisers joining the industry this week, including nine new entrants following their exam pass.

Stock exchange Cboe has completed its technology migration, increasing its capacity to launch products and increase its market competition in Australia.

Despite market volatility, some 42 products were launched in the last 12 months, and the ETP industry could reach a record $200 billion in the next three years, according to Global X.

With Australians warming up to the idea of advice since the QOA Review, firms are already seeing ‘overwhelming’ client volumes and need to be prepared to meet that demand.

Financial adviser Jeneve Matai’s ban for providing a ‘layered advice’ strategy would remain after his appeal to the Administrative Appeals Tribunal was refused.

The holding company of an alternative asset manager has been fined $123,000 for failing to lodge annual financial report, the largest fine handed down from these breaches.

The global asset manager has received a formal warning from the New Zealand financial regulator after failing to disclose earlier ASIC infringement notices as required under a Trans-Tasman agreement.

The latest monthly CPI reading has shown annualised inflation fell for the second consecutive month in February.