09:55 AM | The FPA Board has re-stated its belief that commission payments to advisers on the sale of insurance products should continue, saying a shift to fee-for-service in this area would make insurance unaffordable for consumers.
1 March 2010 | A change in the FPA leadership may be for the better, writes Mike Taylor.
26 February 2010 | The Financial Planning Association (FPA) has officially launched its anonymous reporting facility, FPA Confidential.
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15 February 2010 | The Financial Planning Association's (FPA’s) Job Board attracted over 1,500 visitors in one week, demonstrating the need for such a portal, said FPA chief executive Jo-Anne Bloch.
15 February 2010 | The FPA is calling for nominations for its 2010 Fellow Awards, which recognise outstanding commitment to the industry.
12 February 2010 | Increased ASIC standards regarding PI insurance are expected to lead to higher premiums, but the full effects may not be evident for some time.
10 February 2010 | The chief executive of the Financial Planning Association, Jo-Anne Bloch, has resigned, with the smart money on her filling a long-standing vacancy at Mercer.
18 December 2009 | The FPA has been criticised for not consulting with the wider tertiary education sector before going ahead with the release of its education consultation paper.
18 December 2009 | A further 122 FPA members pass final CFP program examinations.
14 December 2009 | With the industry coming to the end of a particularly challenging period, financial planners have good reason to be optimistic, writes Jo-Anne Bloch.
10 December 2009 | The FPA remains Australia’s dominant industry body for financial planners, but in the contest for members it is the AFA that has experienced the greatest migration of members.
7 December 2009 | The findings of the Ripoll Inquiry have been broadly welcomed by the financial planning industry, but as Mike Taylor reports, they will ultimately be diluted by the findings of the Cooper and Henry reviews.
3 December 2009 | The Government and the Treasury, rather than the Australian Securities and Investments Commission (ASIC), should lead the way in implementing changes to the financial planning industry, according to the chief executive of the Financial Planning Association (FPA), Jo-Anne Bloch.
27 November 2009 | Dealer groups must adopt programs that encourage practices to employ junior financial planners, according to e-Jobs Recruitment Specialists director Trevor Punnett.
26 November 2009 | Financial Planning Association (FPA) executive Gerard Fitzpatrick is leaving the industry organisation to take up a role with the Australian Securities and Investments Commission (ASIC).
23 November 2009 | The Parliamentary Joint Committee that has investigated aspects of the financial services industry over the past nine months has made 11 wide-ranging reform recommendations in its report tabled in parliament tonight.
20 November 2009 | The Financial Planning Association has announced the implementation of FPA Confidential, an online anonymous reporting system, in its effort to tackle misconduct in the industry.
16 November 2009 | The board of the Financial Planning Association is considering raising the minimum education standard for advisers to a tertiary level.
12 November 2009 | Consolidation of dealer groups will be driven by commercial imperatives, with informal FPA modelling finding it costs smaller dealer groups $126,000 a year to support a single planner compared to around $50,000 for a larger group.
12 November 2009 | Financial advice is now rated as the most valuable employee benefit, particularly among people over 50, according to Mercer's David Anderson. Meanwhile, FPA chief Jo-Anne Bloch has called for an end to the remuneration debate.
9 November 2009 | Platforms and wraps have become such an integral part of the financial planning revenue equation that any changes to the regulatory environment are likely to be felt up and down the value chain, writes Mike Taylor.
23 October 2009 | FPA Board endorses commissions shift.
8 October 2009 | The spotlight on fees and commissions may soon be transferred from financial planners to product providers as a result of a review of the joint Investment and Financial Services Association (IFSA) and Financial Planning Association (FPA) code on payments.
15 September 2009 | Captstone has conducted a national survey to determine how remuneration changes will impact planning practices within its network.