Rantall's tenure extended at FPA
Mark Rantall has accepted an extension to his term as chief executive officer of the Financial Planning Association (FPA) and will stay in charge of the industry body beyond 2013.
FPA chair Matthew Rowe made the announcement in a letter to members, saying Rantall had built a team and culture that transformed the FPA from an industry body to a professional association for individual financial planning practitioners.
"Mark Rantall's leadership and the successful implementation of our three-year strategy have many proof points of our journey toward becoming a universally respected profession," Rowe said.
One of those proof points, Rowe said, was protecting the term 'financial planner' under the law.
"We have seen the damage done by unqualified individuals holding themselves out as financial planners. It is frustrating that FPA members suffer reputational damage as a result of the misdeeds of such individuals," he added.
The FPA understands that the proposed legislation to enshrine the term financial planner may be tabled in Parliament on March 2013.
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