The Association of Financial Advisers (AFA) has acknowledged the Federal Coalition’s election win and wishes success for the Prime Minister, The Hon. Malcolm Turnbull, MP in leading the 45th Australian Parliament.
The AFA’s CEO Brad Fox says the close election result puts pressure on all sides of politics to put the nation’s needs first. “Australians are looking for a clear vision of the future, well-considered policy and strong leadership. The constituents of the financial advice sector share this view,” said Fox.
“We will continue in our role of representing to Government the key issues and opportunities to raise trust and confidence in the financial advice profession, enabling the value of advice to be experienced by more Australians. We will also represent policy positions that lead to furthering the ability of more Australians to take control of their financial futures.”
“The profession is at a transformational point in its evolution, with technological change and the adoption of new standards shaping its service offering,” he says. “The AFA is in a growth phase, with membership up 60% over the last two years, and with strong inroads made in policy and advocacy, member engagement and with the media. We are a strong supporter of education and professionalism standards for financial advisers and consumers can be confident when working with an AFA member that they will honour our code of conduct, meet professional standards and be in sync with the values and expectations of Australians,” says Fox.
“These attributes put the Association of Financial Advisers in a leading position in terms of representing the interests of advisers and consumers, a unique and important constituent combination for a professional, vibrant and innovative association such as the AFA,” says Fox.
The AFA is awaiting announcement of the government’s ministry before proceeding to Canberra. “There are a number of new politicians with which the AFA will now engage alongside continuing our advocacy with Labor, the Greens, minor parties and the independents.”
