Minister Shorten comments on FPA professionalism initiatives

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Assistant Treasurer and Financial Services Minister Bill Shorten has acknowledged the new strategy outlined today by the Financial Planning Association (FPA) to transform the association and position its members as trusted professionals.

Minister Shorten commented on the announcement:

“I wish the FPA all the best with their conference and welcome the launch of your new strategy to position financial planners as trusted professionals. This will be an important element in encouraging more Australians to seek financial advice which is a key objective of the Government’s Future of Financial Advice reforms.”

FPA CEO Mark Rantall welcomed the Minister’s comments.

“On behalf of the FPA Board and executive team I look forward to working closely with Government to ensure that the comprehensive measures announced today help drive ever higher professional outcomes for the benefit of FPA members and all Australians.