FPA receives ASIC Professional Code approval

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The Financial Planning Association of Australia (FPA) have announced that ASIC has approved the FPA Professional Ongoing Fees Code, providing FPA members with an alternative to the opt-in laws when engaging clients in an Ongoing Fee Arrangement. The Code will be available from 1 July 2017 to FPA practitioner members (CFP® professionals and Financial Planner AFP®

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FPA welcomes introduction of Professional and Education Standards Legislation into Parliament

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The Financial Planning Association of Australia (FPA) welcomes the Government’s introduction of legislation on the Professional Standards and Education Framework into Parliament yesterday. The legislation, if approved, will be effective from 1 July 2017 and involve the establishment of an independent standards setting body to ensure more rigorous and clear education standards for any practising

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Record number of students participate in AMP University Challenge

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A team of students from Deakin University has won the AMP University Challenge in a year of record submissions. Now in its sixth year, the AMP University Challenge is a national financial planning competition open to all Australian university students who want to find out first-hand what being a financial adviser is all about. This

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FPA urges universities to offer financial planning programs

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The Financial Planning Association of Australia (FPA) has called on universities and other education providers across Australia to work with planning professionals in developing subjects and degree programs in light of the professional standards and timeframes announced by Minister Kelly O’Dwyer in April this year. Working with the Financial Planning Education Council (FPEC), the FPA has been travelling around

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FPA appointments strengthen policy and membership teams

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The Financial Planning Association of Australia (FPA) has announced the appointment of Jason Tattershall as Head of Advice Partnerships and Membership, and Ben Marshan CFP® as Head of Policy, effective today. Dimitri Diamantes CFP® has also recently been appointed to the role of Policy Manager. Mr Tattershall has more than 20 years’ financial industry experience

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FPA National Roadshow numbers swell in wake of Budget

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The Financial Planning Association of Australia (FPA) has seen a strong start to the 2016 FPA National Roadshow in light of recent regulatory changes. Financial planners around the country are meeting to hear about how to best support their clients amid the changes specifically around retirement planning and superannuation reform. Registrations are well ahead of

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FPA calls 2016-17 Federal Budget changes “Super Spaghetti”

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The Financial Planning Association of Australia (FPA) welcomed fairness measures in the Federal Budget but cited concerns with increased complexity, changes to the “transition to retirement” (TTR) strategy in tonight’s 2016-17 Federal Budget announcement and called on FPA members to carefully consider the effect on clients. FPA CEO Dante De Gori CFP® said: “The TTR

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FPA welcomes clarification of education and professional standards reforms

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The Financial Planning Association of Australia (FPA) last week welcomed the Government’s proposed changes to education and professional standards reform in financial advice, in particular the transitional arrangements for existing financial planners. Commenting on the announcement by the The Honourable Kelly O’Dwyer MP, FPA CEO Dante De Gori CFP® said that he was pleased that the

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FPA urges Government to consider importance of the long term interest of super in Australians’ retirement preparedness

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 The Financial Planning Association of Australia (FPA) is urging Government to consider policy decisions that support and encourage today’s working Australians to become self-funded in their retirement. FPA CEO, Dante De Gori CFP®, said the FPA has made Government submissions regarding the 2016-2017 Federal Budget and The Objective of Super, recommending options that aim to

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FPA welcomes strengthened powers and increased funding for ASIC but cautions a user pays model that disadvantages small business

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The Financial Planning Association of Australia (FPA) has welcomed the Government’s announcement of a reform package to strengthen the Australian Security and Investment Commission (ASIC), calling it a more sensible solution than a Royal Commission. FPA CEO, Dante De Gori CFP®, said: “The measures announced will provide ASIC with stronger powers, and the funding to

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