FPA PROFESSIONAL PARTNERS
An invitation to lead the financial planning profession
THE PROFESSION
NEEDS YOU.
TAKE YOUR RIGHTFUL PLACE.
The FPA vision:
THROUGH our members we
STAND with
AUSTRALIANS
for a BETTER financial
FUTURE.
PURPOSE
To continue to lift standards of professional advice.
CORE VALUES
Integrity. Unity. Making a difference.
PUBLIC BENEFIT
Financial peace of mind.
PERSONALITY
Purposeful. Trustworthy. Energetic.
Giving. Engaging. Encouraging.
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THE FINANCIAL PLANNING ASSOCIATION
REPRESENTS
10,000 MEMBERS.
OUR PLEDGE TO EACH ONE OF THEM IS TO
ELEVATE OUR INDUSTRY
TO A UNIVERSALLY
RESPECTED PROFESSION.
We’ll do this by providing vision, leadership and resources to keep
raising professional standards and the community standing of our
members. But we can’t, and nor do we want to, go it alone.
We need you to help us shape the future of our profession – we need
your input, your voice and your support.
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fpa professional partners
LEADING THE FINANCIAL
PLANNING PROFESSION
AS THE LEADING BODY FOR PROFESSIONAL FINANCIAL
PLANNERS IN AUSTRALIA, THE FPA REPRESENTS THE CHANGING
FACE OF FINANCIAL PLANNING.
The FPA has five key roles to play:
1. Represent interests of the public: Our members represent best practice financial planning that
puts the interest of the client first. We actively champion the need for a clear separation between
product sales and advice, because Australians deserve trusted and transparent financial advice.
2. Represent interests of members: With unrivalled influence on Government policy and regulation
in financial planning, we are the collective voice of our members. We maintain strong
relationships with all key stakeholders and fight for fair outcomes that advance our profession.
3. Foster high professional standards: We create a professional culture of accountability and
self-regulation, setting and enforcing professional and ethical standards that result in the highest
quality financial advice.
4. Facilitate world class education: We are the only Australian body licensed to administer and
deliver the CERTIFIED FINANCIAL PLANNER® designation, the international gold standard
and highest certification available to financial planners worldwide.
5. Provide professional development: We support our members with a high calibre program of
continued professional development designed to enhance their knowledge and skills, and
support them in financial planning excellence.
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PARTNERING WITH LEADING
ORGANISATIONS
TO RECOGNISE THE PIVOTAL ROLE PLAYED BY QUALITY ADVICE
BUSINESSES IN TRANSFORMING FINANCIAL PLANNING INTO A
RESPECTED PROFESSION, THE FPA CREATED TWO IMPORTANT
RELATIONSHIP CATEGORIES.
FPA PROFESSIONAL PARTNER
This is an Australian Financial Services Licensee that is recognised as a promoter of professionalism
and a leader in the financial planning community. Professional Partners are committed to furthering
the interests of the profession and consumers, and helping the FPA to shape the future of
financial planning.
FPA PROFESSIONAL PRACTICE
This is a financial planning practice that demonstrates the highest professional and ethical
standards through adherence to the FPA’s Code of Professional Practice. The practice stands
apart as a role model for financial planning in the community through the use of FPA Professional
Practice branding.
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fpa professional partners
JOIN THE FPA PROFESSIONAL
PARTNERS PROGRAM
AS AN FPA PROFESSIONAL PARTNER, YOUR BUSINESS WILL BE WIDELY
RECOGNISED AS A LEADER IN FINANCIAL PLANNING PROFESSIONALISM
THROUGH ALIGNMENT WITH THE LEADING PROFESSIONAL BODY.
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Work in partnership with the FPA to shape the future direction of the profession
through a close working relationship with the FPA executive team, and the opportunity
to get involved with the FPA’s working groups and projects.
The opportunity to participate in advisory forums exclusively available to Professional
Partners, providing an opportunity to meet regularly with like-minded peers and participate
in key debates affecting the industry.
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FPA PROFESSIONAL PARTNER BENEFITS
As an FPA Professional
Partner, you will receive
many benefits and
opportunities.
• Participation in exclusive Professional Partner advisory forums
• Access to FPA expert speakers at your PD Days, conferences and
other key events
• Dedicated guidance and support from the FPA Executive Team,
to help navigate your business through legislative change
• Access to high quality education, technical and practice management
learning that brings the Code of Professional Practice to life
• Priority offer on sponsorship packages for the FPA Professionals
Congress and other national FPA initiatives
• Preferential rates for FPA membership, education and events:




10% saving on FPA membership rates for 50 or more financial
planners and staff
20% saving on enrolment into the CFP® Certification Program
10% saving on enrolment into the LRS® Life Risk Specialist
designation program
10% saving on high quality online CPD programs, for a
booking of 10 or more.
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fpa professional partners
EXCLUSIVE INVITATION TO THE
CPD ACCREDITED ASSESSOR PROGRAM
AS AN FPA PROFESSIONAL PARTNER, YOU ARE EXCLUSIVELY ELIGIBLE
TO NOMINATE YOUR IN-HOUSE EXPERTS TO BECOME CPD ACCREDITED
ASSESSORS. ON COMPLETION OF THE PROGRAM, YOUR ASSESSORS CAN
ACCREDIT YOUR CPD ACTIVITIES RECOGNISED BY THE FPA, WITHOUT
THE NEED TO PAY AN ADDITIONAL FEE.
The FPA’s continuing education model recognises that professional competence should be built
on a combination of abilities, knowledge and professional skills, beyond the technical capabilities
identified in RG146. A CPD Accredited Assessor within your business will help encourage higher
quality educational and personal development activities for your team, in a cost effective way.
BECOMING A CPD ACCREDITED ASSESSOR
During the training program, CPD assessors will learn to:
• identify the key drivers behind the FPA CPD Policy
• define ‘continuing professional development’
• identify the professional dimensions and explain their meaning
• explain the FPA’s professional development plan process
• explain the purpose of the accreditation guidelines
• distinguish the ways content can be assessed
• identify the key elements of the quality assessment criteria
• measure the quality assessment criteria against an example activity
• describe the record keeping and audit requirements under the FPA CPD Policy.
For more information, contact the CPD team at [email protected].
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WHAT FPA ACCREDITED CPD ASSESSORS SAY
“Prior to becoming an FPA
Accredited CPD Assessor we had
to request (and pay for) the FPA
to provide accreditation for our
internal training. Being an accredited
assessor means that we can save on
the cost, as well as ensure that our
training programs are accredited
within days.”
Gayle Forster CFP®, Integrity Financial Planners
“As a Licensee, being able
to ensure that this training
meets a high standard such as
FPA CPD Policy is essential
in ensuring quality training
is always undertaken.”
Philippa Sheehan AFP®,
MY Adviser
“As a Professional Partner of
the FPA, we are able to apply
more consistent measures
towards raising the standards
of our people in the provision
of quality advice.”
Luke Riboldi,
BT Financial Group
“Now that we have FPA accredited assessors we ensure all our technical
updates, PD Days, ethics sessions and adviser development programs
have CPD points allocated. We can also reward our advisers who
‘give back’ to their industry and colleagues, by allocating CPD points
for their preparation and presentations to staff.”
Christine Garberg, Centric Wealth
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fpa professional partners
TAILORED PROFESSIONAL INDEMNITY
INSURANCE FOR YOUR BUSINESS
FPA PROFESSIONAL PARTNERS ARE INVITED TO TAKE ADVANTAGE
OF A BROKER SERVICE NEGOTIATED BY THE FPA WITH INSURANCE
BROKING FIRM, JARDINE LLOYD THOMPSON (JLT). THE SERVICE OFFERS
PROFESSIONAL INDEMNITY INSURANCE TAILORED TO THE NEEDS
OF FINANCIAL PLANNING BUSINESSES.
WHAT CAN JLT DO FOR YOU?
• Advice on policy requirements relating to ASIC RG126 compliance, and assistance with meeting
those requirements.
• Tailored quotation terms on your behalf.
• The best possible outcomes and premiums for your business.
• Access to underwriters who understand what it means to be an FPA Professional Partner.
• Access to a team that specialises in the needs of financial planning businesses.
• Other classes of insurance that your business may require (ie Directors’ & Officers’ Liability,
Office Pack, Investment Managers Insurance, Travel, Crime).
To find out more, contact JLT on 1300 655 931,
by email at [email protected] or online at www.jlta.com.au/proex_planners.aspx.
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YOUR OBLIGATIONS AS AN
FPA PROFESSIONAL PARTNER
AS AN FPA PROFESSIONAL PARTNER, WE ASK THAT YOU
MEET CERTAIN OBLIGATIONS.
ELIGIBILITY CRITERIA
• 25% of your financial planning practitioners are FPA practitioner members, or will be in one year
• A signed memorandum of understanding that includes your ‘professional pledge’.
ANNUAL INVESTMENT
FPA Professional Partner fees per financial year are as follows:
AAFinancial
withwith
1001000
or more
representatives
FinancialPlanning
PlanningLicensee
Licensee/s
or more
representatives
$10,000
plus GST
$60,000 plus
GST
FinancialPlanning
PlanningLicensee
Licensee/s
500-999
or more representatives
AAFinancial
withwith
20-99
representatives
$40,000
$5,000 plus GST
FinancialPlanning
PlanningLicensee
Licensee/s
or more representatives
AAFinancial
withwith
less100-499
than 20 representatives
$15,000
GST
$1,250 plus
plus GST
A Financial Planning Licensee with 50-99 or more representatives
$7,000 plus GST
A Financial Planning Licensee with <50 representatives
$1,500 plus GST
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fpa professional partners
INTRODUCING SOME OF OUR
PROFESSIONAL PARTNERS
YOU’LL BE IN FINE COMPANY – OUR 2015 PROFESSIONAL
PARTNERS INCLUDE MOST OF AUSTRALIA’S MAJOR FINANCIAL
PLANNING BUSINESSES.
Financial Planning
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AFSL & ACL No. 238256
ADVICE
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fpa professional partners
THE FPA EXECUTIVE TEAM
AS A PROFESSIONAL PARTNER, YOU WILL GAIN PRIVILEGED ACCESS
TO THE FPA’S EXECUTIVE TEAM.
NEIL KENDALL CFP®,
FPA CHAIR
Neil officially assumed the
position of Chair of the FPA
on 19 November, 2014.
He is currently the Managing Director of
Tupicoffs Pty Ltd, an FPA Professional Practice
based in Brisbane.
Neil has won a national and two state FPA Value
of Advice awards in 2006, as well as being a
national finalist in 2009. He was nominated for
Australian of the Year in 2011 and 2013. Neil was
the Money Management Financial Planner of the
Year in 2006 and runner up in 2009.
He qualified in the Masterclass Top 50 in 2006,
2008, 2010 and 2012.
Neil was treasurer of the FPA Brisbane Chapter
for four years, and also spent time on the
Legislation and Regulation Committee. A
CERTIFIED FINANCIAL PLANNER®
practitioner, he has a degree in business, and a
Diploma in Financial Planning. He is a Fellow of
the FPA and a Member of the Australian Institute
of Company Directors.
Neil is currently a member of the Remuneration
& Succession Planning Committee of the Board
and Chair of the Policy and Regulations
Committee of the Board.
MARK RANTALL CFP®,
CHIEF EXECUTIVE OFFICER
Mark is the Chief Executive Officer
of the FPA and a passionate CFP®
professional, with a 25-year career
in financial services.
Appointed by the FPA Board in 2010, he has since
spearheaded the campaign to raise the standing of
Australia’s professional financial planners and
build consumer trust in the profession. His drive
and determination has seen the FPA achieve many
milestones in this journey so far.
Prior to the FPA, Mark had already spent several
years at the forefront of an evolving profession. He
was involved in the creation of The NAB Academy
and held the post of Dean of Advice after serving
as Managing Director of Godfrey Pembroke from
2003 to 2008. In this role, Mark successfully
facilitated more than 200 Godfrey Pembroke
advisers to transition to a fee-for-service
remuneration model.
fpa professional partners
DANTE DE GORI,
FPA GENERAL MANAGER,
POLICY & CONDUCT
Dante De Gori is responsible
for driving the proactive
policy and government relations strategy for the
FPA, leveraging his extensive experience in
supporting financial planners in technical
strategies and legislative analysis.
Since joining the FPA in 2010, Dante has
participated in more than 12 Government
committees and consultation groups, led the
formulation of FPA Policy on countless
submissions to Government and ASIC, and been
instrumental in the FPA’s consultation with
Treasury on the FoFA reforms.
Prior to joining the FPA, Dante was a Technical
Manager at ClearView Financial Management,
providing technical support to financial planners
in the areas of taxation, superannuation, estate
planning, life insurance and social security
legislation. Dante has also worked at Zurich
Financial Services and Asteron, providing
technical strategies and legislative analysis to
financial planners.
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fpa professional partners
ABN 62 054 174 453
GPO Box 4285
Sydney NSW 2001
Members call 1300 337 301
Consumers call 1300 626 393
Phone 02 9220 4500
Fax
02 9220 4580
[email protected]
www.fpa.asn.au
CFP®, CERTIFIED FINANCIAL PLANNER® and CFP Logo® are certification marks owned outside the U.S. by Financial Planning Standards
Board Ltd. Financial Planning Association of Australia Limited is the marks licensing authority for the CFP Marks in Australia, through
agreement with FPSB.
January 2015
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