Code Committee named
While the code list included some names familiar to financial advisers, most appeared to be from the legal and managerial side of the finance industry.
In a statement, Annabel Cotton, Commissioner for Financial Advisers, applauded the Code Committee, saying it was a “multi-skilled committee [that] brings together a wealth of local and overseas knowledge and experience in the financial sector, covering law, governance, banking, insurance, stock broking, funds management, commerce, education and consumer advocacy”.
The Committee is due to meet at the end of July to appoint a chair before drafting a code of conduct for authorised financial advisers.
“The code will commit the adviser industry to do business in a professional and ethical manner,” Cotton said.
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