FPA Chair to step down

The Board of the Financial Planning Association of Australia (FPA) has announced that chair, Neil Kendall, will step down from the role at the conclusion of his term on 21 November 2018.

In acknowledging his contribution during his eight-year board tenure, the last four as chair, the FPA said that Kendall "ticked off two long-term milestones for the profession - the enshrinement of the terms 'financial planner' and 'financial adviser' in law, and the recognition of financial planners as signatories for Commonwealth statutory declarations, alongside lawyers, medical practitioners and justices of the peace."

FPA director, Marisa Broome, who has been named as Kendall's successor, added: "As Neil has consistently said over the past four years, what we do as planners makes a meaningful and positive difference in our clients' lives, and that is the standard we should always test our advice against."