Bill Beimers, who founded and works as managing director of Queensland-based advice practice SEQ Advice, was appointed the position at The Advisers Association’s (TAA) general meeting this week.
“Bill has served on the TAA board as Vice Chair since 2020 and was also a Board member of TAA’s forerunner, AMPFPA, from 2019,” TAA chief executive Neil Macdonald said.
“He is a practising financial adviser with over 23 years’ experience in financial services and has expert knowledge of the industry, having worked from the ground up with financial institutions in the retail banking, insurance and advice sectors.”
Mr Beimers will work alongside Mr Macdonald and the board to lead the management of TAA.
“I’m delighted to take over as the Chair of TAA, a non-profit, member-based association with a long history going back to before 1925,” Mr Beimers said.
“We will be working with and representing our members, and are committed to collaborating with other associations and key stakeholders to ensure Australian consumers can have access to quality, affordable advice, without reducing necessary consumer protections. We will also engage with the Government’s Quality Advice Review this year to remove unnecessary red-tape for advisers, enabling them to more efficiently service their clients.”
The past is the past, which has not been easy for AMP advisers, but these guys seem to have put in some hard yards in the last year or so, and given the size and experience of the overall AMP adviser force, they do pose a meaningful platform from which to project. We need their collective experience and influence to advance our profession.
Time is of the essence. All the best guys.
Given the treatment of AMP advisers by AMP one must wonder as to the value of this association
Agreed. The Assocation is nearly fully funded by AMP, so where is the independence? Perhaps, the question of conflict of interest also be addressed. I believe the Chair should NOT be an AMP adviser practice or even have an association with AMP.
The Association is fully funded by its members (advisers) and receives no funding from AMP. As a non-profit member-based association for financial advisers licenced by AMPFP and Hillross, its constitution requires the board and chair to be active advisers.
Who better to drive change and advocate for member requests than someone like Bill, someone who understands internal framework procedures, operates within the culture, presents significant professional experience and has skin in the game. I would argue the small positional remuneration he receives would offer limited initiative to avoid current issues and increasing altruistic considerations actually presents a significantly increased outcome for all, including himself.
It’s not about the remuneration that they may receive. It is about creating independence. Any other adviser that is not part of AMP can still understand the framework etc. I dont understand why they need to understand the ‘internal” framework, are you referring to AMP’s framework?????
Perhaps it is time that the Association is opened but to all advisers to become Chair and board members, that way there is a holistic approach with new ideas and isnt afford to speak their mind.