Top 10 Most Influential: Ken Breakspear
KEN Breakspear no doubt sees some irony in the fact that he has received a nomination forMoney Management’slist of Most Influential People for the third year running, in the month after he departed his role as chief executive of theFinancial Planning Association(FPA).
Events conspired to make 2003 arguably Breakspear’s most challenging year at the FPA, particularly following the fallout from theASIC/ACA shadow shopping survey.
Breakspear was both criticised and praised by members of the industry over the FPA’s handling of the ensuing media and consumer backlash.
But whether he handled the ACA/ASIC fallout well or not, no-one on the panel could argue that Breakspear was without influence.
One member of the panel commented that over the past year “things have changed for the better at the FPA — he set some ground rules that weren’t there before and that will carry on into the future”.
AUTHOR
Mike Taylor
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.
