FPA board extends chairman's term



Matthew Rowe will stay on as chairman of the Financial Planning Association (FPA) board for another two-year term until November 2014.
Rowe was first elected as chairman in 2010 when he took over from his predecessor Julie Berry, who held the office for two terms.
"I am flattered by the private words of support and encouragement received from colleagues to continue leading our committed FPA board and executive team towards the shared vision of restoring respect for professional financial planning and regaining the trust of the broader Australian community," Rowe said.
In announcing his decision to stay on for a second term, Rowe cited the "job left to do in raising the professional bar on behalf of FPA members and the Australian public".
Board members are elected by the voting members of the FPA, while chairman, executive and committee members are elected at the board level.
FPA chief executive Mark Rantall supported Rowe's decision to stay on, adding he looked forward to continuing "the strong relationship with the chair and the entire FPA board".
Recommended for you
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.