FPA announces CRC chair


The Financial Planning Association of Australia (FPA) has appointed Dr June Smith as Chair of its Conduct Review Commission (CRC), the body which monitors the conduct of FPA members.
Smith has previously served in a similar capacity as the Chief Executive Officer of the Code Compliance Monitoring Committee and General Manager of Code Compliance and Monitoring at the Financial Ombudsman Service.
"I feel privileged to be able to lead the Commission in this next phase, to position it as an expert and independent voice that shares insight and experience about what it means to be a member of the FPA and the conduct that is expected of its members," she said.
FPA chief executive, Mark Rantall added: "The FPA looks forward to working with Dr Smith to continue to uphold the standards of its members. FPA members are bound by the FPA's Code of Conduct and any member found to breach this code would come under review by the CRC."
Smith replaces Professor Dimity Kingsford Smith, who has been in the role since 2007.
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.