The FPA has partnered with a female career support organisation to look at boosting the progression of women in financial planning.
In a statement today, the FPA said its alliance with Financial Executive Women (FEW) will seek to attract more women to the financial advice sector and advocate the progression of women currently in the industry.
FEW provides career advocacy and support programs to help women progress in their careers through experience, guidance and support, the FPA said.
As part of the initiative, the FPA will be rolling out relevant state-based events this year.
FPA chief executive Dante De Gori said,“We hope our collaboration with FEW will help foster community, innovation and leadership amongst existing female financial planners, but also encourage more women to choosing financial planning as their profession.
“Women currently make up 28 per cent of the FPA membership, and only around 20 per cent in the profession, both of which we would like to see increase.”
FEW managing director and founder Judith Beck said, “We are so excited to be aligning with the FPA, as their values align very well with ours. We believe that financial planning is essential for women to ensure their financial futures, and financial planning is an excellent career path. Together, we will provide both FPA and FEW members with the necessary support and guidance they need to achieve their goals as financial planners.”
Several firms have been impacted by the corporate regulator’s action.
Super funds must now have a retirement income strategy in place.
Vanguard has called for a complete overhaul of the advice industry.
Get the latest news! Subscribe to the ifa bulletin
Get notifications in real time and stay up to date with content that matters to you.