FPA board member calls for peace

In announcing his candidacy for re-election to the Financial Planning Association board, Portfolio & Wealth Management director Peter O’Toole has called for an end to bickering between different advice industry stakeholders.

Mr O’Toole, who was elected to the board in 2010 and is seeking another term, said a harmonious industry is important on the road to professionalism.

"Something else I would also like to see which would assist with the drive to professionalism is the end of bickering between various categories of planners, such as employed versus self-employed, or type of licensee etc.,” he said.

“The important issue is not what tag people give themselves or others, but their individual behaviour.

“I would also like to see an increase in respect amongst professionals in our field; to see an end to criticism of other members merely because of the particular employment/licensee arrangements.”

Mr O’Toole said current board members should be re-elected in order to ensure “ongoing stability”.

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