Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

‘Vote yes for stronger adviser voice’: FPA chair

FPA/AFA/merger/David-Sharpe/

16 January 2023
| By Laura Dew |
image
image image
expand image

Financial Planning Association of Australia (FPA) chair, David Sharpe, has urged members to vote in the upcoming merger with the Association of Financial Advisers (AFA).

In a video update, Perth-based Sharpe, who took over as chair in April 2022, said benefits to the merger included stronger advocacy, effective education, embracing community, improved services and improved consumer awareness.

“A merger gives us a much stronger policy and advocacy voice to Government which is absolutely critical and, secondly, it also gives us a much stronger voice to and for consumers on the value of financial advice,” he said.

Members had received a draft summary and draft constitution late last year and there would also be a member webinar to discuss the merger on 25 January while one for AFA members would take place on 24 January.

“We don’t just want your support, we are going to need your vote.

“We want thousands and thousands of our members to vote because this will be a fundamental shift to our association.”

Voting would open in early February until 28 February and at least 75% member approval from both associations was needed for the merger to proceed.

Read more about:

AUTHOR

Submitted by Robinbris on Mon, 2023-01-16 22:00

Just what does a "yes vote" mean? What is this stronger voice going to say?

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

5 days 9 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks 2 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 1 day ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 1 day ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND