Industry reacts to death of Queen Elizabeth II

Jane-Hume/FPA/

12 September 2022
| By Laura Dew |
image
image
expand image

The industry has paid tributes to Queen Elizabeth II who died after 70 years as monarch.

Her Majesty died in Scotland on 8 September and the Australian Parliament had been temporarily suspended for a period of mourning. In the UK, the Bank of England delayed its latest meeting of the Monetary Policy Committee until 22 September.

Industry figures paid tribute to her time on the throne and as head of state in Australia.

Senator Jane Hume, former minister for financial services, superannuation and the digital economy, said: “She was our greatest source of inspiration for service and selflessness. We had an enduring affection for her Majesty and her for us”.

Former Treasurer, Josh Frydenberg, said: “Deeply saddened by the passing of Queen Elizabeth II. A remarkable individual whose life epitomised dignity, grace and service beyond self. Her very presence provided stability and strength. It is the end of an era but the Queen’s life will always be admired and never forgotten.”

A statement from the Financial Planning Association of Australia (FPA) said: “Queen Elizabeth has been on the throne for as long as most of us have been alive, and her death can truly be described as the end of an era. She was someone who symbolised devotion to duty and responsibility, and was a woman who deserved respect. We extend our condolences to her family”.

FPA chair, David Sharpe, added: “I couldn’t imagine living a life of such unrelenting service and duty. The Queen has been a symbol of stability and calm for the whole Commonwealth for seven decades”.

Prime Minister Anthony Albanese and Governor-General David Hurley were expected to travel to the United Kingdom for the funeral.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS