One of the key consumer representatives on the board of the Financial Adviser Standards and Ethics Authority (FASEA), Catriona Lowe, has announced her resignation from the organisation.
Her resignation follows last year’s announcement that she had been appointed to a full-time role on the Australian Energy Regulator.
FASEA confirmed Lowe’s resignation today, stating it would be effective from 31 January.
It noted that she had been an inaugural member of the FASEA board and had been appointed as one of three directors with experience in representing consumers of financial advice.
“She has been an integral part of FASEA’s board and supporting committees standing on both the Standards Committee and more recently as Chair of the Audit and Risk Management Committee,” the FASEA announcement said.
