The CPA Australia Board of Directors announced the outcome of the Post Implementation Review of CPA Australia Advice conducted by PwC Strategy on 20 July 2018.
PwC Strategy concluded that in the current circumstances and market, CPA Australia Advice is not financially viable. In light of these findings and considering all available options, the Board of CPA Australia has decided to exit the business of CPA Australia Advice.
CPA Australia Advice has provided notice of the decision to all of its existing authorised representatives and to staff. CPA Australia Advice will work with all authorised representatives to transition from the business before the end of the calendar year.
Read a full statement from CPA Australia’s Board.
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