Brimble resigns FPEC chairmanship
Financial Adviser Standards and Ethics Authority (FASEA) board member, Dr Mark Brimble has resigned his position as chairman of the Financial Planning Association initiated Financial Planning Education Council (FPEC).
The FPA confirmed Brimble's resignation late today.
The statement said his resignation had followed FASEA's announcement of its decision to adopt FPEC's framework and course approval list.
The resignation comes amid heated debate about guidance issued by FASEA around the framework and course approval list.
Sharon Taylor, Senior Lecturer at Western Sydney University and current Deputy Chair of FPEC, will be acting as Chair until the FPA Board appoint a suitable replacement.
<p><p><p><p><p><p>
Recommended for you
AZ NGA has entered into a strategic partnership with national advice firm MiQ Private Wealth, as a way to provide a succession solution, as well as career development opportunities for staff.
While the advice profession struggles under growing operating costs, Adviser Ratings has found more than half of practices – some 58 per cent – that generate less than $250,000 in revenue report no profit at all.
The Federal Court has ordered the freezing of assets and the appointment of receivers to two entities linked to Australian Fiduciaries, ASIC’s latest move in an ongoing investigation into the company’s managed investment schemes.
Off the back of the August adviser exam results, the profession has seen 17 new entrants hit the Financial Adviser Register (FAR) this week, helping numbers return to positive territory.
