Planners engage in philanthropy effort
Financial planners are completing hiking and cycling challenges across Tasmania, aiming to raise money for Australian children as part of an initiative from the Financial Planning Association of Australia’s (FPA) philanthropic arm, Future2 Foundation.
Nineteen financial planners across Australia completed a seven-day 726km cycle in Hobart yesterday at the start of the 2017 FPA Congress, whilst a further ten complete a hiking challenge.
Commenting on the achievements, the FPA said the financial planning profession showed a strong passion and commitment to assisting those in need.
“Since 2007 when Future2 was established on the initiative of FPA members, over $823,000 has been committed in grants to grassroots programs,” the association said.
“The Future2 Wheel Classic endurance cycle ride and Tasmanian Hiking Challenges raise much needed funds for Future2 to bring new opportunity and hope to socially and financially disadvantaged young Australians.”
This year also saw the launch of the FPA’s pilot Pro Bono Financial Planning Referral Service in collaboration with the Cancer Council, targeted at assisting families who’s wellbeing had been affected by cancer to seek financial advice without associated costs.
The 2017 Congress would take place from 22-24 November in Hobart, Tasmania.
AUTHOR
Hope William-Smith
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
