MLC senior exec joins FPA top ranks

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A former MLC senior executive has joined the management team at the Financial Planning Association (FPA), taking on a brand new role created to promote the growth of the financial planning profession.

FPA CEO Mark Rantall yesterday announced the appointment of financial planning executive Tom Reddacliff to the new role of general manager, member growth and marketing.

With financial service credentials spanning more than 20 years that include a four-year stint as managing director at Godfrey Pembroke and senior executive roles within the MLC network, Reddacliff has earned a track record for engaging stakeholders on challenging issues.

He had a large part to play in the well-regarded fee-for-advice approach within Godfrey Pembroke, which was well ahead of the current FoFA reforms.

At MLC, he was on the MLC Community Foundation Grant Committee focused on mental health, primarily through Lifeline.

“The FPA is genuinely excited about the opportunity to attract an executive of Tom’s calibre with a reputation for effecting positive change. Tom is a ‘true believer’ in that his professional record and passion for promoting high quality, client-centric financial planning in Australia is unquestioned,” Rantall said.

He said the timing of Reddacliff’s appointment was very significant as the combination of consumer demand, regulatory shifts and the FPA’s certification and professional framework provides a springboard to consolidate professionalisation in financial planning.

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