Former FPA chair on tax board



Former Financial Planning Association (FPA) chair, Julie Berry, has been appointed to the Tax Practitioners Board, Assistant Treasurer, Kelly O'Dwyer announced.
Berry will begin her role in January 2016, and will remain in the role for an 18-month period.
The FPA welcomed the appointment, with FPA chief executive, Mark Rantall, saying it had long pushed for the need to have tax (financial) adviser representation on the TPB.
"Julie's appointment will ensure that there is now a voice for financial planners, who make up the second largest group of registered individuals on the TPB," he said.
The TPB regulates the provision of tax agent services across Australia, and administers the registration of tax (financial) advisers, and the registration of tax agents.
It also imposes sanctions on those who breach the Tax Agent Services Act 2009 Code of Professional Conduct.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.