Rowe resigns from FASEA board
The chief executive of CountPlus, Matthew Rowe, has resigned his position on the board of the Financial Adviser Standards and Ethics Authority (FASEA).
Rowe confirmed his resignation to Money Management today after it was noted that his status as a serving board member had changed on the FASEA website.
Rowe, who is a past chairman of the Financial Planning Association (FPA), said he had resigned because of work pressures associated with CountPlus’s recent acquisition of Count Financial from the Commonwealth Bank.
“I have my hands full dealing with settling down that transaction,” he said.
Rowe is understood to have tendered his resignation from the FASEA board about two weeks’ ago.
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.
