A boutique financial adviser has been appointed as the new chair of the Financial Planning Association to replace outgoing chairman Matthew Rowe, alongside a number of new appointments to the board.
Tupicoffs managing director Neil Kendall will take the reins from Mr Rowe on 19 November 2014.
“Our transformation from an industry association to a professional association is complete. We now start a new journey – one as a professional community that’s united in its commitment to supporting Australians in securing a better financial future,” Mr Rowe said.
Mr Kendall said now is “not the time for a revolution” but rather a time to stay on course to ensure the FPA continues to build on the “hard work” it has been doing.
“We all want to know that we are creating a meaningful, positive difference in the lives of the client. There has been much talk to date about what defines ‘bad advice’. Our focus from now is very much on ‘good advice’,” Mr Kendall said.
Along with Mr Kendall’s appointment the FPA also announced the departure of board members Patrick Canion and Louise Lakomy who will be replaced by newly-elected board members Marisa Broome and Delma Newton.
The FPA also said current board member Matthew Brown has been re-elected and will continue on with his role.
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