CPA launches planning mark
CPA Australia is stepping up its move into financial planning with the launch of a new designation and the announcement of its first financial planning conference.
Australia's biggest professional association now has a second designation, complementing the Specialist in Financial Planning designation announced last year. The new mark, PFP, will be the group's main financial planning designation and signifies those CPA members who hold licences or proper authorities.
CPA chief executive David Edwards the new designation recognises the new role of accountants and the premier position CPA members have among consumers.
"We all realise accounting is not simply accounting any longer. The designations are one of the many symbols of change," he says.
"Demand for financial advice is growing and CPAs, who have well-established client bases built on trust, are naturally becoming the main port of call for this advice."
The finance, accounting and business services professionals association will also host a two day financial planning conference in Melbourne, starting on February 22.
The conference program will focus on the issues facing those looking to expand their financial planning businesses. Topics include selecting a business model, the effect of CLERP 6, marketing, superannuation and pricing policies.
CPA Australia is the biggest finance, accounting and business services association in Australia, with a membership base of more than 100,000 professionals.
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
