FPA re-elects Board members
TheFinancial Planning Association(FPA) has re-signed a number of board members up for re-election after serving their two year terms.
Voted back into the association’s folds by its members was well known AMP distribution head Steve Helmich, who remains the representative for FPA principal members with more than 50 authorised representatives.
Respected financial planner Ian Heraud was also re-elected at the recent Board election, and will continue his position as representative of FPA principal members with less than 50 authorised representatives.
Also ending their current terms and up for re-election was the board representatives of FPA Practioner members, Paul Brady (New South Wales) and Nick Bruining (Western Australia). Both were re-appointed for another two years.
FPA chief executive officer Ken Breakspear says there was a competitive election ballot for the different board positions.
“There were a number of candidates putting up their hands for the practitioner representative, there were about eight candidates,” he says.
Breakspear says the re-election of the board members by the Association’s members is an expression of confidence, and will bring continuity and familiarity.
“There will be continuity and familiarity with board members, and the strategic direction the FPA is going,” he says.
FPA board members serve a two-year term and can then be re-nominated for a second two-year term. Working on this two year cycle, a further four board members will be up for re-election next year.
Recommended for you
Insignia Financial is targeting its salaried financial advisers increase their revenue per adviser by 62.5 per cent over the next five years.
AWAG and Teaminvest Private Group have teamed up to offer a succession lending fund to help advice principals navigate succession planning and enjoy their retirement.
LGT Crestone chief executive Michael Chisholm believes the firm was chosen to acquire Commonwealth Bank’s personal advice arm due to its strong private market capability.
Advisers will now be able to tap into global markets on the platform through international signature managed accounts from global managers like T. Rowe Price and Lazard.