Finance News South Africa

FPSB appoints new Regulations Advisory Panel chairman

The Financial Planning Institute (FPI) has welcomed the announcement by the Financial Planning Standards Board's (FPSB) that Gerhardt Meyer has been appointed as the chairperson of the FPSB's Regulations Advisory Panel.
FPSB appoints new Regulations Advisory Panel chairman

Meyer, who is a former FPI chairperson, has served as a committee member on FPSB's Regulations Advisory Panel for the past four years and will now lead this distinguished panel as chairperson until 2016.

He holds a BCom LLB degree from the University of Stellenbosch. He is also a Certified Financial Planner® professional and an advocate of the High Court of South Africa, and currently heads up the legal department at Old Mutual's Retail Affluent division.

Growth strategy

"I am honoured and humbled by my appointment. I look forward to working with the FPSB panel in implementing all set out objectives, and in driving the profession's growth strategy in line with the global financial planning standards," said Meyer.

FPSB's Regulations Advisory Panel is responsible for recommending strategic direction to FPSB's Board of Directors and the FPSB Council on regulatory and legislative matters relating to the financial planning profession globally.

"FPSB welcomes increased recognition by regulators and legislators for the public service role of CFP® certification and FPSB member organisations in having financial planning recognised as a profession globally," Noel Maye, CEO of FPSB, said. "FPSB relies on the work of its Regulations Advisory Panel to guide the organisation's development of strategies and programmes to effectively engage regulators and governments on partnering to oversee financial planning as a profession around the world."

Wealth of experience

"We are pleased with the appointment of a South African to lead this panel of experts from around the world. Meyer has a deep wealth of experience in the regulation of the financial planning profession both locally and internationally," commented FPI CEO, Godfrey Nti.
"His appointment is an achievement for the South African financial planning profession and uniquely provides a local connection to the global financial planning standards that will help elevate the current level of the practice of financial planning profession."

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