The AFA has announced that it is working with the Financial Planning Association, in a coordinated and collaborative industry response, to establish a Pro Bono Financial Advice programme where members of each association can volunteer their time to help Australians impacted by the bushfires to rebuild financially.
“We expect that once the fires are extinguished, for many weeks, months and even years after, those affected will face significant financial pressures requiring the support and expertise of a financial adviser. This is where you can make a critical difference and support everyday Australians who need help,” wrote AFA’s Chief Executive Officer, Philip Kewin, in a message to members.
Members wishing to register their interest in taking part in the Pro Bono Financial Advice programme can email the association at email@example.com with their name and contact details.
“We also ask that you check-in with your licensee to obtain their approval for you to provide pro-bono financial advice through this programme – we have let our AFA licensee partners know about this important initiative,” says Kewin.
He notes that the process for applying to receive pro bono support from advisers is currently being finalised and will be announced in the coming weeks. Further details around the organisation of the programme and next steps will be available shortly to those who register, he says.
People impacted by fire are having to make financial decisions at an extremely emotional time.
Earlier in the message he had noted that the association’s members were in a unique position to lend their support.
“People impacted by fire are having to make financial decisions at an extremely emotional time, and for many, these decisions need the right guidance and support.
“Whether it be some simple information or detailed financial advice, your support is needed for the individuals and communities affected and the rebuilding of lives, homes and livelihoods over the coming months and years,” he wrote.