The Financial Planning Standards Board (FPSB) will hold a two-day strategy meeting in Sydney next week and will also examine the role of adviser regulation.

Australia Securities and Investments Commission (ASIC) Deputy Chair Peter Kell will address the meeting to provide an insight into Australian financial services marketplace.

The FPSB has become an affiliate member of the International Organisation of Securities Commissions, and will discuss how the board can work with regulators on overseeing financial advice.

The Financial Planning Association (FPA) is hosting the meeting, which will be attended by representatives from 24 territories.

The FPA was the first organisation to administer Certified Financial Planner certification outside of the US.

FPA CEO Mark Rantall says the association now has the fifth largest population of CFP professionals in the world.

“The meeting comes at a significant time for financial planning in Australia, as the FPA works

toward enshrinement of the term ‘financial planner” in law,” he said.

“Many of the FPSB’s members are also experiencing shifting macro-economic and regulatory environments, so we will have much to discuss.”