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Finance Investment, Oil Mining Resources

FINANCIAL SERVICES COUNCIL APPOINTS NEW DIRECTORS AND EXPANDS FINANCIAL ADVICE REPRESENTATION

WT Financial Group Limited (ASX:WTL) 2 mins read

Sydney, Australia – The Financial Services Council (FSC) today announced significant appointments to its Board of Directors, introducing four highly respected leaders from within the industry. This move aligns with FSC’s strategic vision to fortify its advocacy and influence across the financial sector.

The new Board members include:

  • Keith Cullen, Managing Director, WT Financial Group

  • Neil Younger, Managing Director and Group CEO, Fortnum Financial Group

  • Esther Kerr, CEO for Wealth and Capital Markets, Australian Unity

  • Andrew Creber, CEO for Australia and New Zealand, J.P. Morgan Asset Management

David Bryant, Chairman of the FSC, expressed his enthusiasm for the new appointments, stating, "With these additions, the FSC not only diversifies its board but also enhances its expertise in superannuation, financial advice, and fund management, ensuring robust governance and representation for the industry."

In conjunction with the board expansion, the FSC is excited to welcome several financial advice businesses into its membership fold, including Count Ltd, Fortnum Private Wealth, Infocus, Otivo, and Rhombus Advisory Pty Ltd. This strategic enlargement aims to deepen the FSC's engagement with the financial advice sector and enhance the development of effective and inclusive policies.

Blake Briggs, CEO of the FSC, highlighted the importance of a unified industry voice in influencing regulatory and policy decisions that impact both the sector and consumers. "The inclusion of leading financial advice businesses into our council reinforces our mission to advocate for progressive reforms and customer-centric solutions," he noted.

The newly appointed directors also shared their perspectives:

  • Keith Cullen remarked on the importance of making financial advice more affordable and accessible for Australians, aiming to strengthen the industry's unified voice to keep reform at the forefront of government agendas.

  • Neil Younger emphasized the pivotal role of bringing firsthand insights from financial advisers into the FSC's policy-making processes.

  • Esther Kerr expressed her anticipation to contribute Australian Unity's rich experience towards policies promoting financial wellbeing for consumers.

  • Andrew Creber mentioned his commitment to contribute to the national economic reform agenda, considering the significant impact of the financial services sector on the Australian economy.

The FSC continues to be a leading voice for Australia's financial services industry, advocating for a regulatory framework that supports sustainable, accessible, and beneficial outcomes for all stakeholders.


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

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