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.
Recommended for you
It can be extremely hard to realise the gains from financial advice M&A, according to Peloton Partners’ Rob Jones, and more could be gained from firms looking inward at their own practice.
With platforms reporting their quarterly results, there is a clear divide in the adviser markets they are targeting, according to platform specialist Recep Peker, and which would be right for your clients.
The Federal Court has imposed a $10 million penalty on Macquarie Bank for failing to prevent and control unauthorised fee transactions by third parties including financial advisers.
A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.