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
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.
Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.