FPA loses another exec



Jo-Anne Bloch
The Financial Planning Association (FPA) will have to find two staff replacements following the resignation of yet another executive, the second staff departure announcement for the association in a week.
A day after industry press reported the FPA’s Policy and Government Relations Manager, John Anning, had resigned, the association is now looking to replace its head of CFP Education, Anne-Marie McNally.
According to an FPA spokeswoman, McNally is leaving her post with the FPA to begin full-time study.
Meanwhile, Anning will depart the FPA on March 30 to take up a position with the Insurance Council.
A spokesperson for the FPA said while Anning’s departure was sudden, the association had already begun the process of finding a replacement.
“John’s departure was not anticipated. He left to accept a good opportunity at the right time in his career,” the spokesperson said.
Anning leaves his post after only two years with the FPA. He is reportedly the third staff member to leave the association within the past couple of months.
In September last year, former general manager of professional standards Adrian Lucchese resigned, as did communications manager Jason Spits.
According to the FPA, these departures are unrelated and should not be considered “a trend”.
“The departures of Adrian Lucchese and Jason Spits were completely unrelated and for individual reasons,” the spokesperson said.
Commenting on Annings’ pending departure, FPA chief executive officer Jo-Anne Bloch said: “John has helped the FPA put a number of runs on the board, particularly with respect to FSR refinements, superannuation policy and an appropriate regime for anti-money laundering and counter-terrorism funding.
“We are looking to appoint a new policy manager and have already started that process,” Bloch said.
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.