Godfrey to chair FPA
Godfrey Pembroke founder and respected industry figure John Godfrey will chair the FPA when John Hewison steps down in November.
Godfrey joined the FPA board on Wednesday as its second external director after a board resolution last year that a second external director should be recruited.
FPA chairman John Hewison described Godfrey as “the founder of the Australian financial planning industry”.
“It is a sign of the growing maturity of the association, and the industry as a whole, that the board was prepared to think laterally and make decisions based on the best interests of the FPA and the board’s future operation,” he said.
Godfrey is perhaps best known as the driving force behind the respected Godfrey Pembroke financial planning network that was sold to MLC two years ago. He is currently also chairman of a number of other groups, including the NZ based Tower financial planning subsidiary Goldridge. He was honoured with life membership to the FPA in 1998.
Recommended for you
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
With many advisers preparing to retire or sell up, business advisory firm Business Health believes advisers need to take a proactive approach to informing their clients of succession plans.
Retirement commentators have flagged that almost a third of Australians over 50 are unprepared for the longevity of retirement and are falling behind APAC peers in their preparations and advice engagement.
As private markets continue to garner investor interest, Netwealth’s series of private market reports have revealed how much advisers and wealth managers are allocating, as well as a growing attraction to evergreen funds.

