FPA responds after FASEA releases Summary of Standards

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The Financial Adviser Standards and Ethics Authority (FASEA) issued a Summary of Standards for the professional standards framework for financial advisers at 7:30pm on Friday 16 November 2018, as well as two draft legislative instruments. The Summary of Standards provides an overview of the key parameters for each of the Standards which will be reflected

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FASEA CEO Stephen Glenfield to make first public address at FPA Congress in Sydney

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The Financial Planning Association of Australia (FPA) is delighted to confirm Stephen Glenfield, CEO of the Financial Adviser Standards and Ethics Authority (FASEA), is addressing delegates at the FPA Professionals Congress at the International Convention Centre (ICC) on Thursday 22 November 2018 from 9am. Notably, it will be his first public address since assuming the

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FPA Conduct Review Commission imposes $50,000+ in fines on Sam Henderson

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The Financial Planning Association of Australia’s (FPA) independent disciplinary body, the Conduct Review Commission (CRC), has imposed $50,000 in fines plus costs on Sam Henderson for the nine proven breaches of the FPA’s Code of Professional Practice. No appeal was made by Mr Henderson. Sam Henderson is no longer a member of the FPA. The

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FPA lodges expression of interest to ASIC to establish a Code Monitoring Body

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The Financial Planning Association of Australia (FPA) has lodged an expression of interest to ASIC this week to administer and enforce a compliance scheme for higher education and ethics standards across the financial planning profession. It has established a separate legal entity called Code Monitoring Australia Pty Ltd to run the proposed Compliance Scheme for

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Awards finalists revealed ahead of FPA Professionals Congress

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The Financial Planning Association of Australia (FPA) has announced the shortlist for all six categories of the 2018 FPA Awards ahead of the presentation ceremony at FPA Professionals Congress in Sydney. The FPA Awards recognise the achievements of outstanding financial planners, paraplanners, students and practices, and celebrate the individuals and businesses who go above and

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FPA Conduct Review Commission hands down determination for Sam Henderson case

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The Financial Planning Association of Australia (FPA) independent disciplinary body, the Conduct Review Commission (CRC), has found Sam Henderson breached the FPA’s Code of Professional Practice (FPA Code). The CRC’s Determination was published yesterday. The CRC found that nine out of the ten alleged breaches of the FPA Code were proven. Information in relation to

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Plan Well to Live Well on World Financial Planning Day, says FPA Six steps to finding a financial planner

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The Financial Planning Association of Australia (FPA) is urging Australians to “plan well to live well” as part of global efforts to raise consumer awareness of the value of financial planning on World Financial Planning Day (#WFPD), Wednesday, 3 October 2018. Launched by the Financial Planning Standards Board Ltd. (FPSB), the 2018 #PlanWell2LiveWell campaign aims

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Financial planning needs more women, says FPA

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The Financial Planning Association of Australia (FPA) is playing its part in attracting more women to the financial planning profession by fostering community, innovation and leadership amongst financial planners at a series of networking events included in its Women in Wealth program. FPA is partnering with Financial Executive Women (FEW) to present FPA Women in Wealth –

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FPA appoints Ken Whitton CFP® to strengthen Professional Practice program

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The Financial Planning Association of Australia (FPA) is pleased to announce the appointment of Ken Whitton CFP® to the newly created role of Professional Practice Manager – established to focus on growing the FPA’s Professional Practice program. Mr Whitton was appointed on 3 September 2018 and his role will be to assist FPA Professional Practices

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Big win for consumers: Financial planners to sign statutory declarations under commonwealth legislation

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Financial planners and financial advisers have been granted status to sign statutory declarations under commonwealth legislation. The Financial Planning Association of Australia (FPA) secured recognition of financial planners and financial advisers as additional categories of people who are authorised to witness a Commonwealth statutory declaration, in the new Statutory Declarations Regulations 2018. The amended regulations

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