FPA unveils planning roadmap

By Sarah Kendell ·
June 01 2020

FPA unveils planning roadmap

The FPA has revealed its 2025 strategic roadmap, detailing three priorities that will guide its activity.

The FPA’s five-year strategic roadmap will focus on three core pillars, including members – “to lead the profession on the financial planning model of the future”; advocacy – “to be the voice of the profession with a policy visions that ensures a growing and sustainable future for financial planning”; and consumers – “the showcase the value of financial advice among all Australians”.

“There are significant opportunities for the FPA to lead on initiatives under each of these three strategic priority areas,” said FPA CEO Dante De Gori. “Supporting members to grow and thrive, increasing the number of Australians accessing financial advice, and having a leading voice in public policy will be key priorities with significant initiatives to be rolled out over coming weeks and months to support each of these areas.”

The plan has been unveiled as the financial advice landscape has “shifted dramatically”.

“Our members are facing more regulation, higher education standards and increased costs,” Mr De Gori said. “At the same time, there has never been a greater need for Australians to seek financial advice.

“In this context, we are excited to set in place a roadmap that we believe will support a vibrant and sustainable profession into the future and make financial advice accessible and affordable for all Australians.”

The FPA has also announced changes to its corporate structure as part of the reforms, including "redundancies to a number of roles”.

“As our five-year strategic plan was finalised it was natural to look at the team structure,” Mr De Gori said. “I am personally grateful for everyone’s contribution to the FPA over the past five years but as our strategy evolves and the environment changes we need to transform to ensure we remain relevant and effective."

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