Grants the CFP® mark
The Financial Planning Association (FPA) is the leading professional body for financial planning in Australia. Of 10,000 members, more than 8,000 are practicing financial planners – accomplished professionals, who adhere to the highest standards.
The FPA provides the leadership and professional framework that enables members to deliver quality financial advice to their clients and disciplines, including over 5,500 CERTIFIED FINANCIAL PLANNER® professionals – the global symbol of excellence in financial planning. All FPA practitioner members are bound by a Code of Professional Practice that embeds higher professional standards than those required by law and they must meet continuing professional development requirements, thereby ensuring that their clients are looked after in the best possible way.
The Financial Planning Association of Australia (FPA) has 5 key roles to play:
Represent professionals: to become a member of the FPA, financial planners need to meet higher standards than the minimum levels required by law, so we represent the true professionals in the financial planning industry.
Advocacy and lobbying: FPA is the collective voice of members and their clients and influence Government policies and regulations affecting financial planning. The FPA maintains a strong relationship with regulators, politicians and their advisers on all sides of the fence.
Setting and maintaining standards: FPA sets and enforces professional and ethical standards for members to make sure that they conduct business to the highest quality.
Awarding certifications: FPA is the only Australian body that assesses and awards the Certified Financial Planner® or CFP® mark, which is the highest certification available to financial planners worldwide.
Professional development: FPA designs and offer an industry-leading range of training programmes to help financial planners to keep their knowledge and skills up-to-date.
Chief Elected Officer: Chairman Matthew Rowe, CFP®
Chief Staff Officer: Chief Executive Officer Mark Rantall, CFP®
Size: Current membership is approximately 11,000 individual members, of whom 8500 are practicing financial planners.