The new wellbeing program provides confidential support by qualified counsellors and psychologists for its members amid unprecedented change in the emerging financial planning profession, the FPA said in a statement.
It said the program includes personal, confidential support sessions with qualified counsellors and psychologists via phone, live chat or face-to-face, as well as access to a library of health and wellbeing resources available via a mobile app, computer or tablet.
FPA chief executive Dante De Gori noted the toll the recent Hayne royal commission and related legislative changes now underway have taken on many advisers.
“We are in the midst of extraordinary change as a profession. Higher education standards are forcing many of us to go back to the books and study, which is not easy when you’re running a business, a family, and volunteering in your community, like so many of our members do,” Mr De Gori said.
“Let me be clear that raising standards and advancing change is absolutely necessary, but at the same time very, very difficult. We’re encouraging members to prioritise their wellbeing and reach out if they need more support to navigate the changes affecting all of us in different ways. Our new FPA Wellbeing support program is one way to do that.
“Managing your mental health during times of change and challenge is important for everyone. I’m proud to be offering this service to our members, and we’ll be providing more ongoing resources, insights and support for managing mental health and wellbeing.”
there is so much vitriol against the FPA here…no ones here put their hand up and got involved did they? In the end, what the attacks suggest is they wanted the FPA to show blind loyalty to a FP model that was broken. YOU want a gun lobby, unequivocal support even when you know the system is broken and people are dying. If I am wrong, I am open to hear specific errors on what the FPA have done to hurt the industry?
[quote=Anonymous]The only people who join the FPA are those that have their membership paid for them by licensees owned and operated by large product makers. Therefore those firms in the current environment should be doing more for their advisers.
At least the mental health of the financial institutions they get a financial benefit from is improving. Given this tainted relationship belonging to the FPA and or using the CFP brand is a sure sign you’re “one of those” advisers. I.e accepting kick backs, commissions, hidden payments is acceptable.
At $1,095 a year for membership fees this is not enough for any quality adviser to renew.. I say good day and Sayonara. [/quote][quote=Anonymous]The only people who join the FPA are those that have their membership paid for them by licensees owned and operated by large product makers. Therefore those firms in the current environment should be doing more for their advisers.
At least the mental health of the financial institutions they get a financial benefit from is improving. Given this tainted relationship belonging to the FPA and or using the CFP brand is a sure sign you’re “one of those” advisers. I.e accepting kick backs, commissions, hidden payments is acceptable.
At $1,095 a year for membership fees this is not enough for any quality adviser to renew.. I say good day and Sayonara. [/quote]
god bless you. the biggest blow you can give the fpa (other than the one the one that fasea just gave them) is for at least 5,000 members to resign.
then they will get it. but, knowing them maybe not.
The only people who join the FPA are those that have their membership paid for them by licensees owned and operated by large product makers. Therefore those firms in the current environment should be doing more for their advisers.
At least the mental health of the financial institutions they get a financial benefit from is improving. Given this tainted relationship belonging to the FPA and or using the CFP brand is a sure sign you’re “one of those” advisers. I.e accepting kick backs, commissions, hidden payments is acceptable.
At $1,095 a year for membership fees this is not enough for any quality adviser to renew.. I say good day and Sayonara.
Firstly i would say this is great thing BUT If the FPA acted as a true professional body, fighting for the integrity of its profession and its advisers, then the mental well-being of many advisers would have been a whole lot better. The FPA’s continuous show of ineptitude and political correctness, unimaginative and lack of responsiveness to just about every issue that has risen over the past few years makes this once decent organisation a joke.
What for?
If the FPA acted in a manner that put the needs of Australians and Financial Planners first we would not have so much Government intervention, red tape and over regulation.
If you look back at the CBA advice scandal and the FPA’s calls for higher education during this time (all during a Productivity review commission hearing)….. plus FPA’s submission to FASEA calling for prior education to be worth 20 points out of 100 and a Bachelor of Financial Planning the minimum education standard I don’t think we’d need mental health assistance.
Consider also the the Royal Commission call that the FPA is incapable of being a code monitoring body due to the Sam H complaint perhaps the FPA should just shut the hell up….that just might help us.
My mental health would be improved if the current useless leadership in the FPA resigned and made way for leadership that actually fought for its members and clients. You don’t see the mortgage broker industry bodies having to provide mental health support because they actually did their jobs instead of taking high salaries for doing nothing.
This gets better and better, lets lie down and let these changes pass, so we can get onto the fasea bandwagon and please the consumer groups we love . Then lets hire a psyc to deal with our members mental issues arising from our lack of guts. what a joke