Breakspear named FPA chief executive
Financial Planning Association stalwart Ken Breakspear has been anointed chief executive of the association.
Financial Planning Association stalwart Ken Breakspear has been anointed chief executive of the association.
Breakspear’s appointment follows a four month hunt for a replacement for Michael McKenna who left the post suddenly in June.
Breakspear has been acting chief executive since just after McKenna’s departure. He has been with the FPA since it was created by the merger of the Australian So-ciety of Investment and Financial Advisers (ASIFA) and the International Asso-ciation of Financial Planners in 1992. He was previously executive director of ASIFA.
Prior to taking on the role of acting chief executive of the FPA, he was professional standards manager.
FPA chairman Ray Griffin says Breakspear’s appointment is the result of an exten-sive search for a new chief executive.
“Ken is recognised throughout the financial services industry as a man of great in-tegrity and insight. He has unparalleled knowledge of the industry’s past as well as its future challenges,” he says.
Recommended for you
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
