Brimble and Longstaff get 3 more years on FASEA board
Professor Mark Brimble and Dr Simon Longstaff have had their appointments to the Financial Adviser Standards and Ethics Authority (FASEA) board extended for another three years.
The authority noted today that Brimble and Longstaff had been reappointed as part-time directors for a further three-year period starting from 11 April, this year.
Commenting on the re-appointments, the FASEA chair, Catherine Walter said both men had been integral to the formation and development of FASEA.
“The board looks forward to continuing to draw on their expertise in delivering FASEA’s important legislative remit,” she said.
Recommended for you
Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.
Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.
Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an improvement from a $50 million loss last year.
With alternative funds being described as “impossible” for fund managers to target towards advisers without the support of BDMs for education, Money Management explores the evolving nature of the distribution role.
