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
Viridian promotes to investment team, launches Infinity
|Viridian Financial Group announced three promotions to its investment leadership team as it merges its asset management and private wealth businesses under a single unit called Infinity.
Fight between SMC and FSC on super rages on
|The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds.
Global X launches global SMID ETF
|Global X ETF has expanded its international equity range with the launch of the Global X MSCI International Small and Mid-Cap ETF (ASX: ISMD), offering Australian investors low-cost exposure to small- and mid-cap companies across developed markets outside Australia.
Super Consumers appoints former regulator as chair
|Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
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!