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FPA Board Committees

The FPA Board sets the strategy and priorities of the Association, delegating responsibility for policy developments within agreed strategic priorities from a number of Board committees. Each Board committee is chaired by a Board Director with a membership made up largely of members. Joining an FPA Committee Members are encouraged to apply to join one of the FPA Committees shown below, other than the Audit & Risk Committee, Remuneration & Succession Committee and the Investment Committee, which are for FPA Board members only.  Each of the remaining committees comprises a broad cross-section of FPA members as per the committee terms of reference, along with the need for relevant and demonstrated expertise in the particular function or committee activity.  At the end of each year we review committee membership and call for nominations for the next year. Committee representatives are appointed by the Board Chair and/or CEO, and in some cases the committee chair.  Committee members are appointed for an initial term of one calendar year, with membership reviewed annually or as determined by the Board.  Additionally, positions may become available during the year as a result of resignations. An FPA member may apply at any time during the year for consideration for future committee membership by sending an email to Deen Sanders via deen.sanders@fpa.asn.au, specifying which committee(s)they are interested in joining, and including an up-to-date CV. Below is a list of all the Board Committees including the list of committee members and Terms of Reference where available. Click here to view a pdf of the committee structure. Note: Committees in blue indicates membership is open to Board members only Audit and Risk Management The purpose of this Board Committee is to fulfill it's corporate governance and oversight responsibilities in relation to all finance and risk management matters. Terms of Reference Committee Members   CFP Certification The primary purpose of this committee is to oversee the structure, content and standards of the CFP Certification Program of the FPA including the administration of the CFP Certification Assessment and Appeals Policy. Terms of Reference Committee Members   Chapter Chairs The objective of the Chapter Chair Committee is to exchange views and discuss issues of interest and concern to FPA members. Terms of Reference Committee Members   Conduct Review Commission The Conduct Review Commission (CRC) is a board appointed committee of FPA members and independent specialists whose role is to regulate the conduct of members of the FPA and uphold the highest ethical standards within the financial planning profession. Terms of Reference Committee Members   Cooper Review Terms of Reference Committee Members   FPA Board The FPA is governed by an elected Board. The FPA Board identifies priorities for member activities, key services, policies and operating strategies. Board Charter Board Members   Future Financial Planners Council A sub committee of the Membership and Marketing Board Committee, the primary purpose of the Council is to assist the Board to fulfill it's responsibilities in relation to increasing the number of people looking at a career in financial planning, including FPA programs targeted at educational institutions and academics. Terms of Reference Committee Members   Investment Terms of Reference Committee Members   Membership and Marketing The primary purpose of this Board committee is to oversee the development and implementation of the Board strategy in all matters relating to FPA membership, such as retention and growth of membership. The committee also ensures that the FPA's strategic marketing and related communications reflect member priorities, needs and professional best practice in the financial services sector. Terms of Reference Committee Members   National Conference 2010 Terms of Reference Committee Members   Strategic Policy The purpose of this board committee is to advise the FPA Board in the development of policy concerning legislative and regulatory issues regarding financial planning advice. Terms of Reference Committee Members Professional Conduct A sub committee of the Professionalism Board Committee, the primary purpose of this sub committee is to inform and make recommendations to the Board Committee and the FPA on matters relating to Professional Standards including policies, regulations and disciplinary actions of members in enhancing and maintaining their professionalism. Terms of Reference Committee Members Professionalism The primary purpose of this Board Committee is to develop, implement and monitor a framework by which the FPA will ensure that financial planning is recognised by the community as a profession with high standards of ethics and conduct. Terms of Reference Committee Members Regulations A sub committee of the Strategic Policy Board Committee, the primary purpose of this sub committee is to inform the Board committee and the FPA on matters relating to regulations such as the Financial Services Law and Corporation Act 2001. Terms of Reference Committee Members Remuneration and Succession Planning The primary purpose of this Board committee is to assist the Board in it's oversight of fair and responsible remuneration policies and practices, including that of the CEO and to ensure that candidates nominated for the FPA Board are familiar with the role and responsibility of being an FPA Board member. Terms of Reference Committee Members Small Principals' Forum An advisory committee aimed at advising the FPA board on the needs and issues facing Small Principal members of the FPA. Terms of Reference Committee Members Retirement Incomes Task Force The primary purpose of this sub committee is to inform the Board Committee and the FPA on matters relating to superannuation, such as the operation of the Superannuation Industry (Supervision) Act 1993. Terms of Reference Committee Members Education Content A sub committee of the CFP Certification Board committee, the primary purpose is to ensure that the education content for CFP certification aligns with global standards and reflects advanced financial planning professional practice in Australia. The sub committee also provides guidance to education providers (including the FPA CFP Certification). Terms of Reference Committee Members Student Care and Support A sub committee of the CFP Certification Board committee, the primary purpose is to ensure that all candidates for CFP certification receive the support and access to resources that will assist them in their endeavours towards certification as a CFP professional. Terms of Reference Committee Members Technical A sub committee of the Strategic Board Policy committee, the primary purpose of this sub committee is to inform the Board committee and the FPA on key technical issues affecting financial planning, including the operation of the various legislation that may affect financial planners, particularly taxation laws, insurance and superannuation legislation. Terms of Reference Committee Members Value Proposition and Brand A sub committee of the CFP Certification Board committee, the primary purpose is to ensure appropriate brand awareness and confidence in the CFP marks with consumers and to encourage licensees and individuals to pursue CFP certification. Terms of Reference Committee Members

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