FPA appoints education council chair

The Financial Planning Association of Australia (FPA) has announced the appointments of Marc Olynyk as its new chair of the Financial Planning Education Council (FPEC).

He would replace Sharon Taylor, who stepped down from chairing FPEC in August with intentions to retire at the end of the academic year.

Olynyk, who is a senior lecturer in Financial Planning and director of Work Integrated Learning at Deakin Business School, would bring significant experience within both academia and industry in the areas of financial planning, superannuation, retirement planning and accounting. He also played a key role in the development, growth and recognition of financial planning within both the university sector and the financial planning profession.

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“Marc has been a strong advocate for the integration of the CFP Certification Program into Masters programs. Deakin was the first university to integrate the CFP as an elective into their Master degree,” FPA’s chief executive, Dante De Gori, said.

“He also led an FPEC sub-committee through the approval of four more education providers. He has excellent relationships with both FASEA and TEQSA, and is keen to see FPEC play a stronger role again in the accreditation of tertiary financial planning courses.”

FPEC was established by the FPA in 2011 as an independent body chartered with raising the standard of financial planning education and promoting financial planning as a distinct learning area and a career of choice.

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Surely FPEC has been rendered pointless by FASEA? Why is the FPA funneling members' money to academics through this, and other unnecessary programs? Financial advisers are already handing over enough money to academics via the FASEA extortion racket.

The FPA needs a massive cull of unnecessary programs so it can focus on doing a better job of representing members. FPEC, the "Professional Practice" program, "Money & Life", and the CFP marketing levy should all go when Dante goes.

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