The Financial Planning Association of Australia’s general manager of member growth and marketing, Tom Reddacliff, has quit the FPA full time and will consult to the organisation on a part-time basis.
Reddacliff joined the FPA in May this year after leaving MLC. His brief was primarily to work with the association’s professional practices, members and partners to promote the concepts of professionalism and certification – the Certified Financial Planner (CFP) designation – within the emerging profession. He finishes up with the FPA on Friday.
Reddacliff says he will continue to be focus on these issues but with the FPA as a client, rather than as an employer. He will work fro the FPA’s Sydney headquarters one day a week.
“Before I left MLC I was toying with two different concepts,” he says.
“One was going out on my own and doing something with the FPA as one of my clients; and [the other was] coming in here full time.
“I opted to come in her full time, but now I have decided to go back to the previous model, to go out on my own, and to have more complete control over what I am doing.
“It’s very amicable, and I’ll be doing work with the FPA as one of my clients.”
He says he will be working with financial planning licensees and developing further an approach to compliance that he says he has been “working on for three years – initially at MLC”.
“It’s something that I’ve been doing just to help people, but I want to spend more time doing that,” he says.
“I’m going to pick up three or four things that I really strongly believe in.
“It’s a choice. In life you have to make choices, and this is the hardest one I have had to make.
“I came off working for one organisation for a long time. Sometimes, perspective doesn’t always come to you straight after that. It can come to you further along.”
Reddacliff says the work he takes on will be closely related to financial planning, and he says he continues to have “complete confidence” that the emerging profession will continue to grow and develop in the right direction.
