FPA to participate in super review
Nick Sherry
The Financial Planning Association (FPA) has declared it will participate in any review of the superannuation system.
Reacting to reports that the Minister for Superannuation and Corporate Law, Senator Nick Sherry, is proposing such a review, including an examination of the role of financial planning, the FPA’s deputy chief executive, Deen Sanders, said that, for too long, the remuneration debate had been distracted and misinformed.
He said that, often, vested interests had seemed intent on scaring Australians away from accessing the professional advice that was desperately needed.
“The FPA has long held the view that affordable advice has been elusive for many Australians,” Sanders said. “Any review that deals with all the issues that have served to undermine good advice is going to be of great benefit to everyone because it will improve understanding about the way financial planners work, the benefits of professional advice and also the rights of consumers.”
AUTHOR
Mike Taylor
Recommended for you
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
Adviser exits have reported their biggest loss since June this week, according to Padua Wealth Data, kicking off what is set to be a difficult December for the industry.
Financial advisers often find themselves taking on the dual role of adviser and business owner but a managing director has suggested this leads only to subpar outcomes.
