FPA News – member representation
About 30 FPA chapter chairs, from as far afield as Lismore, Cairns, Shepparton and Perth, converged on the FPA offices in Melbourne last week to discuss the latest developments in FPA member representation.
The meeting provided a valuable opportunity for the chapter chairs to discuss issues that have been at the forefront of the FPA's recent media coverage and policy committees' activities.
Issues discussed included tax reform and the need to ensure it stimulates national savings, plus the terms of reference for an in-depth review of retirement income policy to encourage Australians to save for their future.
Chapter chairs also discussed the CFP program, which was launched by Financial Services and Regulation Minister Joe Hockey on February 1 in Sydney,
FPA chief executive Michael McKenna says members should attend chapter luncheons and meetings in 1999 to keep abreast of latest developments and communicate to the FPA, through the elected chapter chairs, any other concerns they may have.
"With 3.7 million Australians having investments of $118 billion managed by FPA members, it is important that members are aware that there is a direct pathway for their opinions and views to be communicated directly to the FPA," McKenna says.
A list of this year's chapter chairs and their contact details can be found in Financial Planning magazine's directory.
Recommended for you
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses.
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam.
ASIC has sent warning notices to social media finfluencers who it suspects are providing unlicensed financial advice to Australians as part of a global crackdown by international regulators.