The FPA expects to receive ASIC approval for its professional code of conduct early next year following further regulatory guidance.
"We are waiting on regulatory guidance from ASIC, which we understand will be coming out in October or November," FPA chief executive Mark Rantall told InvestorDaily.
"What we will be hoping to do is to have our code approved in the first quarter or first half of 2013."
In the meantime, Rantall said the association continued to focus on rewriting codes in a format that would comply with the ASIC-approved guidelines.
"Our code, and making sure that is relevant for financial planners, is important," he said.
Aside from ensuring code approval, he said growth in membership, trying to get the term financial planner enshrined in law, Future of Financial Advice implementation and adviser education were also key areas for the association.
Yesterday, the FPA announced it would hold another series of education workshops to improve the quality of financial advice, following member demand.
"We are responding to the needs of our members with an increased schedule of regional events," Rantall said.
"[We] are restructuring our workshops to ensure all attendees get maximum benefit and are educated on topics and issues that are not covered elsewhere in the profession."
