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
The regulator has convened multiple sitting panels of the FSCP regarding AFSL breach reports which have identified poor superannuation advice from financial advisers.
One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures.
AFCA remains firm on its stance that industry failures occurring in the financial advice sector are fundamentally an advice issue, rather than a product issue.
A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and professionalism”.
