The Financial Planning Association (FPA) has outlined its priorities for the next five years, with plans to step up its focus on members, advocacy and consumers.

As part of the 2025 Strategic Roadmap, the peak body will also revamp its corporate structure to align with the new priority areas and expects a number of redundancies to result from the move.

“This new structure will enable the FPA to focus on the core areas outlined in the strategy – member engagement, public policy advocacy and consumer education,” FPA CEO Dante De Gori said. “Our members are facing more regulation, higher education standards and increased costs.

“At the same time, there has never been a greater need for Australians to seek financial advice.

“In this context, we are excited to set in place a roadmap that we believe will support a vibrant and sustainable profession into the future and make financial advice accessible and affordable for all Australians.”

The new structure and implementation of the roadmap will start on July 1.