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11 June 2019
The Financial Planning Association (FPA) has established a mental health program for advisers struggling under the weight of education and regulatory changes.
The program is free for all FPA advisers and includes sessions with a counsellor or trained psychologist over the phone, online or face to face, and access to health and wellbeing resources.
“Raising standards and advancing change is absolutely necessary, but at the same time very, very difficult,” FPA CEO Dante De Gori said.
“We’re encouraging members to prioritise their wellbeing and reach out if they need more support to navigate the changes affecting all of us in different ways.”
It comes after former financial planner and Property Funds Management Australia founder Barry Daniels warned reform fatigue, constant regulatory change and impending changes to life insurance commissions are causing mental health issues for many financial advisers.