FPA chief resigns
The chief executive of the Financial Planning Association (FPA), Jo-Anne Bloch, has resigned to take up another position in the financial services sector.
Money Management understands the position is head of Mercer's financial planning arm. Bloch has previously worked with Mercer in the UK as a principal with Mercer HR Services, where she established a pension service.
Bloch was appointed chief executive of the FPA in 2006 and presided over one of the most tumultuous periods in the history of the financial planning sector.
FPA Chair Julie Berry pointed to Bloch's achievements during that time, including the move away from commission payments and increased education requirements for advisers.
Berry described Bloch as "an excellent leader in the financial planning community" and somebody who had "done much for the FPA, and the profession".
Bloch said she had had been "privileged to lead the FPA" and was "proud of what we have achieved."
Bloch will remain at the FPA until the Easter break. The FPA said it would now commence a recruitment process for Bloch’s replacement. Deen Sanders is currently deputy chief executive of the organisation.
Recommended for you
The corporate regulator has announced its first adviser banning of the year with the permanent ban of a Queensland-based former adviser that was sentenced to seven years’ imprisonment.
The Australian financial advice industry has risen by more than 20 advisers this week, with nearly half joining WT Financial and Sequoia.
Two financial advice professionals have shared their tips for success when building an effective Professional Year program as more advisers look to bring on junior staff to their practices.
Numbers are in for 2024, with Wealth Data confirming how many advisers left during the calendar year and which business models saw the largest growth in terms of new licensees.
