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 |
Editor's Choice
Aware Super hires head of corporate development
|The $175 billion superannuation fund welcomed its first head of corporate development as it looks to be a "merger partner of choice" in the industry.
Link Group rebrands as acquisition completes
|Link Group announced its new name ahead of delisting from the ASX at today's market close.
Crescent Capital sells down ClearView stake
|ClearView has been alerted that Crescent Capital wishes to sell a major share in the company.
Social media influencers charged for promoting shady investments
|Reality TV stars from shows like Love Island, Geordie Shore, and The Only Way Is Essex are due to face Court for pushing unauthorised investment schemes on their followers.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
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!