Legislation changes – education and professional standards

Dante De Gori. chief executive Financial Planning Association

The beginning of 2017 has already seen much legislative change for Australia’s financial services industry, with more to follow over the course of the year. In this No More Practice/FPA Quarterly Update, Dante De Gori details what these changes are, when they are set to take place, and what this means for Australia’s advisers. Dante also sets out what the FPA is doing for members in 2017 and how it plans to engage the Australian public in financial planning.

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What you'll learn /

In the FPA Quarterly Update – February 2017, Dante De Gori will discuss:


The legislative changes to education, professional and ethical standards
What the FPA is ding for consumers
How the FPA's ongoing fees will affect you
His message for advisers

About the expert /

Dante De Gori /

chief executive Financial Planning Association

Dante De Gori is the Chief Executive Officer of the Financial Planning Association (FPA). A proud CFP® professional, Dante is passionate about advancing the financial planning profession, supporting FPA members through change and building widespread consumer trust.

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Outline of the course /

An update on education, professional and ethical standards

The education, professional and ethical standards legislation will come into effect from 1 July 2017. These changes will lift standards across the industry and provide all Australians with certainty and confidence in financial planning. Dante De Gori, chief executive of the FPA, explains how these changes will affect you and what you need to do to prepare.

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What is the FPA doing for consumers?

The FPA will be launching a new consumer online destination, Money & Life, to engage with the Australian public around the importance and value of financial planning. As chief executive, Dante De Gori explains, the benefits of educating consumers on the value of advice are numerous – both for themselves and advisers.

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How will the FPA's ongoing fees code affect you?

Members can now choose to abide by the FPA ongoing fees code instead of the opt-in laws which is a significant step towards professionalisation, says Dante De Gori, chief executive of the FPA. Dante explains what this option means for you, and what role the FPA will play in operating the co-regulatory model.

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Dante's message for advisers

In 2017 the FPA has a deliberate and directed focus which will cover three core elements. Chief executive, Dante De Gori, explains how the FPA will ensure the continuation of professionalism for the industry; how it plans to secure the future of financial planning; and why it’s choosing to engage directly with consumers.

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Test yourself /