De Gori begins as FPA CEO
The Financial Planning Association of Australia's (FPA) former general manager of policy and conduct, Dante De Gori, has officially taken the reins from Mark Rantall as chief executive of the FPA.
De Gori looked after policy at the FPA from 2010 and represented the association through key reforms including the Future of Financial Advice (FOFA), raising of education and professional standards, and the enshrinement of the term financial planner into law, due on 1 July.
Commenting on the new role, De Gori said he expected it to be business as usual at the FPA.
"The year ahead will undoubtedly bring regulatory challenges, particularly around the implementation and transition process of the new education requirements," he said.
"I am very aware of the concerns our members have about current proposals. The FPA will continue to work closely with Government, to ensure that collectively, our voice is heard."
He said the FPA would support members through the changes with updates, resources, events such as national roadshows, webinars, and social media.
Rantall, who was chief executive since 2010, will remain on the FPA Board as a non-executive director.
The FPA has also appointed Benjamin Mashan as manager of professional standards and advocacy, and Dimitri Diamantes as policy manager.
AUTHOR
Malavika Santhebennur
Recommended for you
Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.
Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.
Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an improvement from a $50 million loss last year.
With alternative funds being described as “impossible” for fund managers to target towards advisers without the support of BDMs for education, Money Management explores the evolving nature of the distribution role.
