The Financial Planning Association (FPA) and the Association of Financial Advisers (AFA) have continued their unified response to the post-Banking Royal Commission and professionalisation reforms industry landscape, yesterday meeting together with Senator Jane Hume.
According to the FPA, the two groups discussed “all things financial planning, including FASEA [the Financial Adviser Standards and Ethics Authority], the Royal Commission, and the Government’s agenda for the upcoming term of Parliament” with Hume, the new Assistant Minister for Superannuation, Financial Services and Financial Technology.
FPA chief executive, Dante De Gori, praised the unified approach on LinkedIn, with both groups having been equally represented at the meeting as himself, FPA chair Marisa Broome, AFA president Marc Bineham, and AFA chief executive Philip Kewin all attended.
“Thank you to new Minister Senator Jane Hume for a great meeting. Thanks to the AFA team in agreeing to do this meeting jointly as it helps to promote unity and solidarity for the profession,” he wrote on LinkedIn. “Many important issues raised and discussed and we look forward to continuing the dialogue to achieve workable and practical outcomes for members.”
This followed the two member groups announcing a joint taskforce into the Life Insurance Framework and making an application, jointly with the SMSF Association, to become the financial advice industry’s code-monitoring body.