FPA membership declines, deficit materialisesBY ANDREW MCKEAN | THURSDAY, 3 NOV 2022 12:55PMThe Financial Planning Association of Australia's (FPA) membership has fallen to 10,954 members from 11,811 last year, and the association has recorded a before-tax deficit of $1.2 million for the year ended June 30. Related News |
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
The FPA needs to provide a compelling value proposition for membership. With reduced adviser numbers & fewer large dealer groups providing bulk adviser registrations the FPA must demonstrate relevance & results from advocacy to attract membership.
I said this would happen over 10 years ago when FPA first started carrying on about professionalism and degree qualified practitioners. If you want to be like lawyers, then realise average joe can't afford you and isn't interested!