FPA launches new best practice campaign
The Financial Planning Association (FPA) has launched a campaign called ‘Bulletproof Financial Planning' to promote best practice in financial planning.
The campaign was launched in response to an Investment Trends research report commissioned by the FPA which suggested Future of Financial Advice (FOFA) compliance and cost of regulation were the main challenges for financial planners and financial planning businesses.
The Bulletproof Financial Planning initiative will start with webinars in February and continue with national roadshows in April.
"We are aware that many financial planners are feeling anxious ahead of the implementation of FOFA, as they are unsure of what it will mean for them and their businesses," said FPA CEO Mark Rantall said.
"In order to support our community, the FPA has set up the ‘Bulletproof Financial Planning' initiative that aims to ensure members are fully supported throughout the FOFA implementation process to provide best practice advice."
The members-only webinar will target individual planners and practices. It will address topics like scaled advice, best interests duty and the post-FOFA professional practice.
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