{"id":63426,"date":"2022-11-07T22:09:49","date_gmt":"2022-11-07T12:09:49","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=63426"},"modified":"2024-10-30T08:43:10","modified_gmt":"2024-10-29T22:43:10","slug":"afa-fpa-merger-update","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2022\/11\/07\/afa-fpa-merger-update\/","title":{"rendered":"AFA\/FPA Merger Update"},"content":{"rendered":"

The FPA and AFA have confirmed with their members that the vote on the proposed merger will occur in February 2023.<\/p>\n

Consultations have been taking place around Australia since the proposal was announced in early September. In that time, FPA CEO Sarah Abood and chair David Sharpe, and AFA CEO Phil Anderson and national president Sam Perera have been actively meeting with FPA and AFA members, responding to questions and feedback about the proposed merger.<\/p>\n

\"\"<\/a>
The FPA’s Sarah Abood …seeking to honour the heritage of both associations<\/figcaption><\/figure>\n

A joint release this week notes the next stage of consultation, taking place in early December, will see drafts of key documents including the proposed information memorandum, resolutions, and constitution sent to all FPA and AFA members. A consultation period will follow, allowing members providing feedback on the drafts.<\/p>\n

Final versions of the documents will be issued to members prior to voting, which will open in early February 2023, closing in late February at separate Extraordinary General Meetings (EGMs) of the AFA and FPA.<\/p>\n

The release advises both EGMs will be hybrid events and held at different times, to maximise members\u2019 opportunity to attend. For the proposal to succeed, 75 per cent of members who vote will need to vote in favour.<\/p>\n

AFA CEO, Phil Anderson<\/strong>, reinforced his support for the merger, noting the AFA and FPA strongly believe there are substantial benefits to members from a merger, providing a united voice for financial planners and advisers.<\/p>\n

We are determined that a merged association would honour the heritage of both the FPA and AFA<\/p><\/blockquote>\n

FPA CEO, Sarah Abood<\/strong>, echoed Anderson\u2019s sentiments in commenting, \u201cWe are determined that a merged association would honour the heritage of both the FPA and AFA. This is clearly important to members of both associations, in particular recognising the AFA\u2019s proud 76-year history as well as the FPA\u2019s background of providing the globally recognised Certified Financial Planner designation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The FPA and AFA have confirmed with their members that the vote on the proposed merger will occur in February 2023. Consultations have been taking place around Australia since the proposal was announced in early September. In that time, FPA CEO Sarah Abood and chair David Sharpe, and AFA CEO Phil Anderson and national president […]<\/p>\n","protected":false},"author":3,"featured_media":63430,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[],"class_list":["post-63426","post","type-post","status-publish","format-standard","has-post-thumbnail","category-associations"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/63426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=63426"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/63426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/63430"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=63426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=63426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=63426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}