FPA announces new board
As the Financial Planning Association (FPA) embarks on the third year of its strategic plan to encourage professionalism throughout the industry and in the eyes of consumers, its members have voted that the 2008 chair, financial adviser Julie Berry, be re-elected for a second term.
Berry said the next 12 months would see the launch of a new Value of Advice campaign, incorporating television advertisements, print media and adviser toolkits, with the FPA currently testing and making final tweaks to the program.
Supporting Berry on the FPA board as deputy chair will be Mark Spiers, the chief executive of Westpac Financial Planning, who has also been re-elected for the second year in a row.
Representing large principal members, or dealer groups with 20 or more authorised representatives, will be Andrew Waddell, the general manager of the AXA Financial Advice Network, while Louise Lakomy, the principal investment adviser at Yellow Brick Road Investment Services, will represent the smaller groups of the FPA.
The other members to join chief executive Jo-Anne Bloch on the new FPA board, which comes into effect on November 21, are as follows:
• Louise Biti;
• Bruce Foy;
• David Haintz;
• Rob Gerrand;
• Julie Matheson;
• Rob Pedersen; and
• Matthew Rowe.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.