While FPA members will start to see a transition to the new FAAA branding over coming weeks, the AFA will continue to operate under its own brand until 30 June, when those members who renew will move to the FAAA.

David Sharpe will be chair of the FAAA and Michelle Veitch has been appointed as deputy chair.

The FPA directors who will serve on the FAAA board are:

• David Sharpe – Chair
• Diana D’Ambra
• Kearsten James
• William Johns
• Jade Khao
• Julie Matheson
• Angela Martyn
• Julian Place

 The nominated AFA directors who will serve on the FAAA board are:

• Michelle Veitch – deputy chair
• Katherine Hayes
• Patricia Garcia
• Shaun McDonagh

FAAA Chair David Sharpe added that the new board represents a unified voice for the financial advice profession.

“We had already taken steps to bring the Board members together to start discussions following the merger, and the AFA nominated Directors participated as guests at the last FPA Board meeting and strategy day,” he said.

“We are now in a strong position to start our work as a merged association, advocating on behalf of members,” he said.

FAAA deputy chair, Michelle Veitch, said the formation of the FAAA represents a new chapter in the financial advice profession.

“I urge all members to renew with the new association. The FAAA will speak with one strong voice for the vast majority of financial advisers in the Australian market, as we work towards ensuring better outcomes for advice practices and their clients,” she said.

FPA and AFA membership renewals will kick off in May, with all branding, website and membership activity due to be fully transitioned to the FAAA branding by 30 June.