Tag: finance

The Financial Planning Association of Australia (FPA) has called on the Federal Government to broaden its proposed Compensation Scheme of Last Resort (CSLR) as well as extend the freeze on the ASIC levy for another year, in the upcoming Federal Budget.

In its pre-budget submission, the FPA has also called for all financial advice to have tax-deductible status; and for the Australian Taxation Office and Centrelink to improve their online access arrangements to ensure financial planners are able to act on behalf of their clients.

Sarah Abood, CEO of the FPA, says the CSLR and ASIC levy are two issues of particular importance to members in the current environment, and the FPA continues to prioritise them in its discussions with both government and industry.

In its Pre-Budget submission, the FPA says the current CSLR Bill (tabled in September) is too narrow in scope, provides inadequate coverage

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The Financial Planning Association of Australia (FPA) has announced the finalists of the 2022 FPA Awards, which spans across four professional categories.

Now in its 10th year, the FPA Awards recognise individuals and businesses across Australia who deliver the highest standard of professional and trusted advice to Australian consumers. The awards also highlight the outstanding university students who are the future of the financial planning industry.

The finalists in the 2022 FPA Awards for each professional category are:

 

FPA CERTIFIED FINANCIAL PLANNER® Professional of the Year Award – finalists

Paul Benson CFP® – Guidance Financial Services (VIC)

Naomi Mee-Martino CFP® – Bastion Financial Group (WA)

Andrew Reynolds CFP® – EFS Advice (NSW)

 

FPA Financial Planner AFP® of the Year Award – finalists

Lili Hong AFP® –  Future Gen Solutions (QLD)

Bill Savellis AFP® – Olive Grove Financial Advice (NSW)

 

FPA Professional Practice of the Year Award

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The Financial Planning Association of Australia (FPA) welcomes tonight’s federal budget, in particular measures to improve access to housing.

FPA CEO Sarah Abood said: “Home ownership is one of the cornerstones of retirement planning and one of the best lead indicators of a comfortable retirement.  Measures such as the National Housing Accord, the Regional First Home Buyer Scheme, and steps to target homelessness and improve crisis housing, as well as reducing the age for people to make downsizer contributions to their superannuation (as previously announced), should support more security in retirement for Australians.

“We also welcome initiatives such as cheaper childcare and extensions to paid parental leave, changes to the PBS leading to more affordable medicine, and a commitment to increasing real wages, which will help alleviate the financial pressures felt by many Australian households.

“In addition, the government’s commitment to an urgent review of the

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The Financial Planning Association of Australia (FPA) has re-elected William Johns CFP® to its Board and welcomed Angela Martyn CFP® and Jade Khao CFP® as new Board members. All three positions are for a term of three years and will start at the Annual General Meeting on 22 November 2022.

The three appointments follow the expiry of the terms for Board members Alison Henderson CFP®, David Sharpe CFP® and William Johns CFP® in November 2022. Mr Sharpe has been appointed by the Board as an additional director and continues as FPA Chair.

Ms Henderson has served two terms on the FPA Board and is ineligible to stand again. FPA Chair David Sharpe CFP® said: “On behalf of the FPA Board, we are delighted that William will continue to serve on the Board, and we’re also very pleased to welcome Angela and Jade. Each bring important skills

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