The Financial Planning Association’s Future2 foundation has set the next route for its annual city-to-city cycling fundraiser the Wheel Classic.
This year’s Wheel Classic will take place over a 1,080 kilometre route from Sydney to Brisbane from 10 to 18 November where participants will arrive for the opening of the FPA Professionals Congress.
“Expressions of interest have already been made by financial planners from around Australia, keen to test their mettle over nine days and to help Future2 raise funds,” a statement from Future2 said.
“The funds raised will bring new opportunity and hope to socially and financially disadvantaged young Australians through Future2’s Make the Difference! grants.
“Grants are awarded to community not-for-profits following applications supported by a local financial planning professional who is a member of the FPA,” the statement said.
FPA chairman Neil Kendall said the fundraising event is all about financial advice professionals giving back to the community.
“It’s fitting that the cyclists should arrive to an enthusiastic and appreciative reception from their peers,” Mr Kendall said.
“Last year, the Wheel Classic ride from Melbourne to Adelaide raised over $141,000 net and we hope we can achieve the same success this year,” he said.
The Wheel Classic has been held every year since 2009 and has raised over $460,000 after expenses.
Online registrations to cycle the 2015 Wheel Classic will open in early March.
The head of troubled licensee Beacon Financial Group has been banned from finan...
The bank has taken a grim outlook on the COVID-19 crisis and has provisioned for...
Delays to the government’s royal commission response mean there could be no in...