FPA overhauls awards
The Financial Planning Association (FPA) has overhauled its honorary awards and called for Fellows and Distinguished Service Award (DSA) nominations by the end of August.
FPA chief executive Jo-Anne Bloch said the aim of the review was to ensure the FPA gave a higher profile to members who have received the award.
The FPA has made a review of the awards available and increased the value of the awards to encourage more nominations. There are currently 60 DSA recipients and 41 Fellows.
“A few simple changes have transformed our awards program, with each award recognising different qualities and achievements. The process for nomination is now also clearly set out,” Bloch said.
Nominations for the DSA was previously limited to FPA directors, senior managers and committee members, but will now be open to all FPA members.
The Fellows award is an honorary award that overlays membership status and only FPA members are eligible to apply. They will be self-nominated and admitted four times a year.
The membership board committee will oversee all applications.
The Life Member award has also been changed from a membership category to an honorary award. Nominations can include non-members of the FPA as well as members. The award will be given to those who have been ‘exemplary supporters’ of the FPA and the financial planning profession.
The recipients will receive their awards at the inaugural Good Advice Gala Dinner at the FPA national conference in November.
Recommended for you
With Sanlam Private Wealth coming under ASIC pressure regarding the number of responsible managers in its business, law firm Holley Nethercote explores what the role entails and how to stay on the right side of the law.
Insignia Financial has granted CC Capital access to select company information in the hope of securing an improved offer from the private equity firm.
Recruitment agency Robert Walters has revealed the expected salary ranges for Australian financial advisers in 2025, with one particular state seeing a decline.
As global PE firms scope out the Australian wealth management industry, Finura predicts which other local names may potentially receive a takeover offer this year.