FPA launches TASA education campaign
The Financial Planning Association (FPA) will begin a free education campaign to prepare its members for the implementation of the upcoming Tax Agent Services Act (TASA).
The FPA said the education campaign builds on the back of the Bulletproof Financial Planning campaign conducted last year to prepare planners for the implementation of the Future of Financial Advice (FOFA) reforms.
The education campaign will consist of a series of four webinars in February and March detailing the requirements to comply with TASA as an individual practitioner and as a professional practice.
This will be followed by a national capital city roadshow from April to June which will also cover the proposed amendments to FOFA. An online tool kit will also be developed for member use containing reference materials and articles related to TASA.
FPA chief executive Mark Rantall said the toolkit was consistent with the association’s work in supporting the profession by taking care of the detail within reforms currently within financial services.
“We are constantly in discussions with the FPA community about the issues that are top of mind for planners and practice owners. One concern that consistently comes up is the challenge of adapting to new legislation and regulations. So, we have made it a priority to provide a variety of resources designed to equip planners to continue providing best-practice advice up to the highest professional standards,” Rantall said.
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