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
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.
