Academic appointed as new AFCA chair

A man who the Government has appointed to a succession of recent roles has now been appointed as the chairman of Australian Financial Complaints Authority (AFCA) succeeding former Liberal Government minister, Helen Coonan, who is also chair of Crown Resorts.

AFCA announced today that it had appointed the Chancellor of Swinburne University of Technology, Professor John Pollaers as chairman – a man who is also a member of the Prime Minister’s Industry 4.0 Taskforce and was chair of the Aged Care Workforce Strategy Taskforce and chair of the Australian Industry Skills Committee.

Coonan’s term as the inaugural chair of AFCA is expiring.

Commenting on appointment, Coonan said Pollaers was an experienced chair and leader who had always created strong, effective relationships between industry, government and consumer bodies in all sectors he had been involved in.

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Terrific news. Just what is needed. An Academic who will have no idea of the real world of financial advice. We are doomed once more.

If financial advisers had a single disciplinary body, they wouldn't be subject to AFCA at all. Why has Jane Hume announced a fourth disciplinary body, and called it a single disciplinary body?

Is she planning to remove financial advisers from AFCA at the same time as the new body takes effect? Or is she just a liar?

MIA Jane is just a liar !!!
Lead by the nose by Frydenberg.
Frydenberg is the Advisers real problem and has been for the last 8 long years.
Frydenberg must be outed for Advisers to have a chance.

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