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|Following requests from financial advisers, FASEA has provided relief from compliance with its continuous professional development (CPD) requirements.|
|The Financial Planning Association of Australia (FPA) has announced the 2020 FPA Virtual Congress masterclass series will go live on July 9.|
|The Financial Adviser Standards and Ethics Authority has confirmed the exam will be held across five sitting days in August, October and November.|
|Euroz and Hartleys have made public plans to merge operations, creating a financial services powerhouse in Western Australia.|
|Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis.|
|The extension to the FASEA education requirements has passed.|
|Senator Rex Patrick, whose amendment to Treasury Bill Number 3 meant that the FASEA extensions hit a snag, is not backing down.|
|The Financial Planning Association of Australia has hit back at the corporate regulator accusing it of price gouging after increasing the industry funding levy for financial advisers by 38%.|
|ASIC has announced an end date or the COVID-19 regulatory relief for financial advisers.|
|The extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought.|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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