The Financial Planning Association (FPA) has called on its members to provide pro bono financial advice to the victims of bushfire and flood disasters across the country.
“The FPA’s pro bono service has been around for a number of years helping people in need, and in a situation like this the recent natural disasters when large portions of the country are affected, everyone should lend a helping hand,” FPA chief executive Mark Rantall told ifa.
“We have 70 to 100 members who are regularly engaged in pro bono activities and for a crisis like this we shouldn’t have a problem marshalling our members,” he said.
As well as simply “lending a listening ear” to disaster survivors, Mr Rantall said certified financial planners (CFPs) and FPA members have skill sets that could be of particular benefit.
Victims may have need for advice on budgeting, rebuilding and financing property and other damaged assets, administrative tasks around replacing lost or damaged financial documents and information and, where necessary, opportunities for lodging insurance claims, Mr Rantall said.
The FPA is calling on members to officially register so that victims can get in touch with specific advisers.
SUBSCRIBE TO THE IFA DAILY BULLETIN
12 Dec 2017AZNGA acquires Henderson MaxwellBy Aleks Vickovich
12 Dec 2017Zurich-ANZ deal shows ‘commitment to advice’By Staff Reporter
11 Dec 2017Insurance engagement driven by advisersBy Jessica Yun
11 Dec 2017Kaplan pushes for new CPD regimeBy Staff Reporter
11 Dec 2017AAT upholds adviser ban after successful appealBy Killian Plastow
11 Dec 2017Senate approves AFCA billBy Annie Kane
- view all