FPSB appoints Gerhardt Meyer as Regulations Advisory Panel Chairperson
29 April 2014 | People and Companies | Appointments | Financial Planning Standards Board
The Financial Planning Institute (FPI) is pleased with Financial Planning Standards Board’s (FPSB) recent announcement of the appointment of Gerhardt Meyer, CFP® as the Chairperson of FPSB’s Regulations Advisory Panel.
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 (Law) Degree and a 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. He currently heads up the Legal department at Old Mutual’s Retail Affluent division.
"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” added Gerhardt.
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. This year the panel will focus on achieving the following objectives;
1. Identifying existing FPSB member organisation regulatory engagement strategies.
2. Creating a database that can be used by existing or new FPSB member organisations to develop territory-specific regulatory engagement strategies.
3. Identifying issues for which FPSB may need to develop a global policy or position.
4. Developing a document that explains FPSB’s position on financial planner remuneration to external audiences.
5. Defining the distinction and value of financial planning (both distinct from, and inclusive of, financial advice).
Noel Maye, CEO of FPSB commented, "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. FPSB relies on the work of its Regulations Advisory Panel, under the leadership of Gerhardt Meyer, 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.”
Godfrey Nti, FPI CEO added, "We are pleased with the appointment of a South African to lead this panel of experts from around the world. Gerhardt has a deep wealth of experience in the regulation of the financial planning profession both locally and internationally.
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.”
