The Financial Planning Association (FPA) has reported a slight surplus for the past financial year as the body prepares for a series of workshops around the country.

In its annual report for 2011/2012, the FPA claims a “strong and stable” membership base of over 5,500 certified financial planners (CFPs) and 2,000 additional practitioners in a community of over 10,000 members and affiliates.

The association welcomed over 600 new members in the past year, and achieved a 65 per cent increase in CFP certification program enrolments.

“Our financial result is significant in that we projected operating deficits for three years as part of the three-year strategic plan we launched in April 2011,” said FPA chairman, Matthew Rowe (right).

“This surplus is two years ahead of the Board’s expectation and reflects the judicious financial management of the organisation, coupled with increasing engagement with members and relevance with stakeholders.”

The past financial year also saw the association take on over 200 co-branded FPA Professional Practices endorsed as quality businesses and over 60 FPA Professional Partners (large licensees and dealer groups) pledge their support, replacing the previous principal membership structure.

“As Chair presiding over the Association in its 20th anniversary year, I am immensely proud of the collective efforts of our members who have made these achievements possible in our mission to help transform financial planning into a respected profession,” said Rowe.

FPA members and other industry participants will receive a personal update from the FPA Chair Matthew Rowe and CEO Mark Rantall at the upcoming national events series to be held in capital cities in November and December.

Hardcopies of the annual report will also be available at these events.


9 November, Stamford Plaza Brisbane

16 November, Accolade Room, Etihad Stadium

23 November, Mercure Grosvenor Hotel

7 December, Hilton Sydney