Deen Sanders to head up FASEA


A former senior Financial Planning Association (FPA) executive has been appointed as the new chief executive of the new Financial Adviser Standards and Ethics Authority (FASEA).
The Minister for Revenue and Financial Services, Kelly O’Dwyer announced that Deen Sanders had been appointed to the role.
She said Sanders was currently CEO (assistant commissioner) of the Professional Standards Authority of Australia and has more than 16 years’ experience working in financial professional standards and training including as national director, National Finance Industry Training Advisory Body and chief professional officer, Financial Planning Association of Australia.
Sanders’ appointment was welcomed by the FPA with chief executive, Dante De Gori who said he had a great track record and was well-known to the FPA where had been chief professionalism officer for six years.
“Deen’s ‘safe pair of hands’ will help guide the implementation of the new standards that will improve public trust and confidence in the financial planning profession,” De Gori said.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.