AFA remains steady ahead of FASEA reforms

The Association of Financial Advisers' executive directors have been reappointed unopposed, ensuring consistency of leadership and stability for the execution and implementation of education reforms.

AFA national president Marc Bineham, vice president Michael Novak and treasurer Dave Slovenic will all remain in their current roles for another two-year term.

Bineham said the reappointments bode well, given the challenges facing the advice industry at present.

"This is quite rare to do. It's just a very difficult time, and where we at the moment with the Royal Commission and FASEA, we just want that consistency of leadership," Bineham said.

"This time next year, we will know what is happening in terms of education and we'll know what the advisers are feeling about it but to leave a whole new board to deal with that as we try and get our members through it would be unfair."

The association is also welcoming two new state directors, for NSW and Queensland respectively.

Fortify Financial's Glen James has been appointed NSW state director, while WB Financial's Patricia Garcia is the new state director for Queensland.

AFA chief executive Phil Kewin said: "We welcome Glen and Patricia to the AFA board and are looking forward to working with them."

James will replace Evalesco's Jeff Thurecht, while Garcia is succeeding Tim Ross of Henderson Ross & Co.

Kewin thanked both Thurecht and Ross for their significant contribution to the association.

Read more: AFAAssociation of Financial AdvisersFASEAGlen JamesMarc BinehamPatricia GarciaJeff ThurechtPhil KewinDave SlovenicEvalescoFortify FinancialMichael NovakRoyal CommissionTim RossHenderson RossWB Financial
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