News
Response to the government’s release of the draft Single Disciplinary Body legislation for financial planners
The FPA welcomes the release of the draft legislation for the Single Disciplinary Body (SDB) for financial planners, which is an important reform for the profession.
Read MoreShameful ASIC fee increase warrants immediate review
Five of Australia’s largest financial advice industry associations have condemned an increase in financial adviser licence fees as “shameful” and called for an immediate review of the ASIC industry funding model. The fee hike, published by ASIC yesterday, represents an increase of 160 per cent over two years for financial advisers. Meanwhile, the number of […]
Read MoreMedia statement regarding Melissa Caddick
The FPA extends our sympathies to Melissa Caddick’s family. We are also acutely aware of the pain and suffering experienced by the victims of Melissa’s alleged fraud. I would like to call your attention to recent media reports referring to Melissa Caddick as a financial planner. This is factually incorrect – Melissa Caddick is not […]
Read MoreFPA names first 2021 winner of Gwen Fletcher Memorial Award
The FPA has named Melbourne-based financial planner Renato Manias as the first 2021 winner of the Gwen Fletcher Memorial Award.
Read MoreDavid Sharpe CFP® named as FPA Deputy Chair
Following a formal vote of the FPA Board last week, we are delighted to announce that current FPA Board member David Sharpe CFP® has been appointed as FPA Deputy Chair. David continues as a longstanding member of the FPA Board since November 2016 and is a CERTIFIED FINANCIAL PLANNER® professional who runs his own financial […]
Read MoreFPA calls for review of unsustainable ASIC levy as the regulator seeks guidance on affordable advice
The FPA has made six recommendations in its Budget Submission 2021-22 aimed at addressing the rapidly increasing cost of practicing as a financial planner.
Read MoreFPA welcomes Senator the Hon Jane Hume’s expanding role
The FPA congratulates Senator the Hon Jane Hume, who has been elevated to the Ministry as Minister for Superannuation, Financial Services and the Digital Economy and has assumed responsibility of the broader digital economy portfolio to compliment her existing financial technology, superannuation and financial services portfolios.
Read MoreUse of the terms financial planner and financial adviser
After over a decade of advocacy by the FPA, the use of the terms financial planner and financial adviser are restricted within the law to those authorised to provide financial advice and listed on the ASIC Financial Adviser Register.
Read MoreFPA welcomes announced changes on FASEA
The FPA welcomes the Morrison Government’s announcement that FASEA will be wound down and its role to be divided between Treasury and ASIC’s Financial Services and Credit Panel (FSCP) to become a single disciplinary body for the profession.
Read MoreFinancial Planning Education Council announces the winners of the 2020 Financial Planning Academic Research Grants
The Financial Planning Education Council (FPEC) has announced Queensland University of Technology (QUT) and University of South Australia (UniSA) as the two winners of the 2020 FPEC Academic Research Grants.
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