FPA raises concerns about impact of AFCA legacy complaints rule changes on professional indemnity market

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The Financial Planning Association of Australia (FPA) has raised concerns about the Australian Financial Complaints Authority’s (AFCA) proposed legacy complaints rule changes and the potential impact they will have on the professional indemnity (PI) costs for financial planners. In its submission to AFCA’s consultation on the proposed changes to its rules, the FPA supported the intent of […]

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General advice should not be labelled advice at all, says FPA

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Following the recent research from ASIC that found many consumers are confusing ‘general’ and ‘personal’ advice, the Financial Planning Association of Australia (FPA) is once again calling for the separation of financial advice from financial product marketing and product information. Released on 28 March, ASIC’s Financial advice: Mind the gap report found that only 53 […]

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FPA CFP Certification Program first professional designation program accredited by FASEA

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The CERTIFIED FINANCIAL PLANNER® or CFP® Certification Program is now the first professional designation education program in Australia that qualifies for recognition of prior learning (RPL) by the Financial Adviser Standards and Ethics Authority (FASEA). The Financial Planning Association of Australia (FPA) welcomes the announcement by FASEA yesterday that officially acknowledges the value of the FPA CFP® Certification […]

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FPA rolls out online diagnostic tool designed to help identify fintech solutions

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The Financial Planning Association of Australia (FPA) is delighted to announce the launch of a new online diagnostic tool designed to help identify fintech solutions that can improve the profitability and efficiency of financial planning practices. The new tool, developed with leading advice technology provider YTML, quantifies the actual costs involved in providing advice, determines […]

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FPA visits 33 locations to help rally and support financial planners facing change together

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Thousands of financial planners from 33 locations across the country are expected to come together during the 2019 Financial Planning Association of Australia (FPA) National Roadshow to tackle the implications of changing education, ethics, and professional standards to their daily practice. The 2019 FPA National Roadshow, supported by Challenger, is designed to build a sense […]

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FPA launches new Careers in Financial Planning networking events across Australia to inspire next generation of planners

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The Financial Planning Association of Australia (FPA) is delighted to announce the launch of its inaugural FPA Careers in Financial Planning Event Series in partnership with Kaplan Professional. Taking place in Perth, Adelaide, Melbourne, Brisbane and Sydney, the new series of networking events runs from 12 March – 2 April 2019, providing aspiring business, commerce, […]

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FPA launches Return to Learn online education hub to help financial planners navigate FASEA standards

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The Financial Planning Association of Australia (FPA) has launched Return to Learn, an online education portal designed to cut through misinformation and confusion about FASEA’s higher education requirements. Released this week after months of rigorous testing, the Return to Learn education portal promises easy access to accurate information on the latest education and ethics policy developments and implications, […]

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Two members suspended by Conduct Review Commission

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The Conduct Review Commission (CRC), the independent disciplinary body of the Financial Planning Association of Australia (FPA), has determined that FPA members Mr Matthew Brown, and in a separate case Ms Dianne Bainbridge, breached the FPA’s Code of Professional Practice (FPA Code). This has resulted in the CRC imposing immediate sanctions after neither party opted […]

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FPSB reports record number of CFP® professionals worldwide

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The Financial Planning Standards Board (FPSB), the global licensing body for the CERTIFIED FINANCIAL PLANNER® designation, this week reported another year of growth with a 3.3 per cent global rise in the number of CFP® professionals in 2018. FPSB reports it added 5,787 CFP® professionals, raising the total number of CFP® professionals to a record […]

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FPA committed to rebuilding trust in financial planning following publication of Royal Commission report

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The Financial Planning Association of Australia (FPA) is currently examining the findings of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, and intends on working proactively with the government to address its recommendations. The final report highlights the need for strong consumer protection and oversight that build trust in the […]

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