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FPA board announces new chair

The Financial Planning Association of Australia has named a new chair to take over from Neil Kendall when his term concludes on 21 November.

Marisa Broome is currently chair of the FPA’s policy and regulations committee and the FASEA working group, as well as member of the audit and risk management committee of the FPA board, the FPA said in a statement.

Ms Broome's career spans more than 30 years and has been an FPA board member since 2015.

Outgoing FPA chair Neil Kendall said he’s delighted to be handing over the reins to Ms Broome.

“She will make an outstanding chair and has the skill and vision to lead the next chapter of the FPA’s professional journey,” he said.

“Her experience running her own financial planning practice in Sydney for the last 21 years equips her well to understand and meet the challenges facing the profession.”

In other changes to the board, director Philip Pledge will be stepping down from his role on 31 December.

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In his place from 1 January 2019 will be Paul Ruiz, currently a member of the audit and risk committee at NSW Treasury.