About Us

Our Work

The Financial Adviser Standards and Ethics Authority (FASEA) was established by the Federal government in April 2017 through the Corporations Amendment (Professional Standards of Financial Advisers) Act 2017, to set the education, training and ethical standards of licensed financial advisers in Australia.

In June 2017, FASEA was declared as the standards body under the Corporations Act 2001. Under the Act, FASEA is responsible for:

  • approving Bachelor (or higher) degrees, or equivalent qualifications and determining the bridging course requirements for existing advisers
  • approving foreign qualifications
  •  approving and administering an exam
  • determining the requirements for the work and training (professional year) requirement
  • setting requirements for continuous professional development
  • setting an appropriate common term for provisional relevant providers
  • making a Code of Ethics

The Board

The Board of the Financial Adviser Standards and Ethics Authority Limited was appointed by the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP on 10 April 2017.

Catherine Walter AM (Chair) FAICD, LLB(Hons), LLM MBA

Catherine is the Chairperson of FASEA. Currently Catherine is also a member of the Reserve Bank of Australia’s Payments System Board, Chair of Melbourne Genomics Health Alliance, a Director of Australian Foundation Investment Company and Trustee of the Helen Macpherson Smith Trust.

She has previously been Managing Partner of the Melbourne office of Clayton Utz and Commissioner of the City of Melbourne, a member of the Financial Reporting Council and has served on the boards of ASX, National Australia Bank, Orica and Victorian Funds Management Corporation.

Dr Mark Brimble PhD, BCom (Hons)

Mark is the FASEA Director with experience in designing, or the requirements of, education courses or qualifications. Mark is a Professor (Finance) at Griffith University and is an Office for Learning and Teaching National Fellow and is the recipient of numerous teaching and learning grants, citations and awards. Mark was awarded Australian Teaching and Learning Council Citations in 2011 and 2016, and an Australian Award for Teaching Excellence in 2016.

Dr Brimble is a Fellow of CPA, a Fellow of the Finsia, a member of the Financial Planning Association of Australia and the Australian Institute of Company Directors. Mark has published research in various national and international journals and is the Co-Founding Editor of the Financial Planning Research Journal.

Carolyn Bond AO GDip EdTrain

Carolyn is a Director with experience in representing consumers of financial services. Carolyn is a former co-CEO of the Consumer Action Law Centre. She is a member of the Customer Owned Banking Code Monitoring Committee and a Director of the Financial Counselling Foundation. Carolyn currently manages a project contributing to industry policies which addresses the financial impacts of family violence.

Deborah Kent Dip FP, CFP, FCHFP, MAICD

Deborah is a Director with experience in carrying on a financial services business or providing a financial service. Deborah is the Managing Director and Founder of Integra Financial Services. She is a former President of the Association of Financial Advisers, Treasurer, Association Financial Advisers, NSW State Director, Association of Financial Advisers and former President of Western Sydney Business Connection, and NSW State Director of the Authorised Representative Association.

Dr Simon Longstaff AO BEd,MA, PhD, FCPA, FRSN

Simon is the Director with experience in the field of ethics. Simon is the Executive Director of the Ethics Centre and is an Honorary Professor at the Australian National University.

He holds independent advisory positions with a number of organisations including: the Australian Taxation Office, ANZ Ethics and Responsible Banking Committee, the Banking and Finance Oath, BHP Forum of Corporate Responsibility, BT Professional Standards Council, Westpac Stakeholder Council and IAG Ethics Committee. He read for his Master’s Degree and Doctorate as a Member of Magdalene College, Cambridge and has a Bachelor’s degree in Education from the University of Tasmania.

Catriona Lowe LLB

Catriona is a Director with experience in representing consumers of financial services. Currently Catriona is also a director of the Australian Financial Complaints Authority, the Legal Practitioners’ Liability Committee, Telecommunications Industry Ombudsman and Way Forward Debt Solutions, as well as Chair of the ACCC Consumer Consultative Committee. She is also a former Chair of the Consumers’ Federation of Australia and Co-CEO of Consumer Action Law Centre.

Matthew Rowe BEc, DFP, GDip Acc, CFP(Life), FCA, FCPA, GAICD

Matthew is a director with experience in carrying on a financial services business or providing a financial service. Currently Matthew is the CEO and Managing Director of CountPlus Ltd, an ASX listed entity that owns and operates Accounting and Financial Advice firms. Prior to this appointment Matthew spent 17 years in professional practice as a Financial Adviser and Managing Partner of Hood Sweeney.

He has contributed to the financial advice sector as Chair of the Financial Planning Association of Australia, as an Australian representative to the Global Financial Planning Standards Board and as a Member of the Expert Advisory Group Finance Learning Standards with the Australian Business Deans Council.

Elissa Freeman BA, GAID

Elissa is a Director with experience representing consumers of financial services. Elissa previously led the financial services advocacy work of Australia’s largest consumer organisation, CHOICE, and has wide-ranging experience in consumer rights and competition policy. She is currently a Director of the Australian Financial Complaints Authority and was previously a Director of the Financial Ombudsman Service and Chair of the Financial Rights Legal Centre.

Louise Lakomy MBA, GDip FP, AICD, CFP

Louise is a Director with experience in carrying on a financial services business or providing a financial service. Currently Louise is a Director with Crystal Wealth Partners bringing 18 years of experience and knowledge in all facets of financial planning to her role. Louise is a Certified Financial Planner and holds a Masters of Business Administration, a Graduate Diploma in Financial Planning, and is a Graduate of the Australian Institute of Company Directors. Louise has served as a Board member for the Financial Planning Association of Australia (FPA), as a member on the FPA Education Council and has also been a Director of the Financial Ombudsman Service.

Previous Directors

Stephen Somogyi MSc, SM, FIAA, FAICD, F Fin

Steve is a Director with experience in carrying on a financial services business or providing a financial service. He is a Member of the Safety, Rehabilitation and Compensation Commission. Steve is Chair of Guild Group, Factor 5 Softwares and of Higher Ed Services.

He is a Director of UniSuper. Stephen is a former Chief Operating Officer of RMIT University and a former Executive Member of the Australian Prudential Regulation Authority. He holds a Master of Science in Management from the Massachusetts Institute of Technology and a Master of Science in Physics from the University of Melbourne.

Steve retired as a Director on 10 April 2019.

Michael O’Neill BEc

Michael was most recently Chief Executive of National Seniors Australia for ten years. He was previously Chief Executive of AgForce Queensland, Queensland Farmers Federation and the Australian Gold Council. He also worked for a decade in consumer protection with the Trade Practices Commission.

Michael retired as a Director on 10 April 2019.

The Executive Team

Chief Executive Officer - Stephen Glenfield BEc, CA

Stephen Glenfield is the Chief Executive Officer of FASEA. Stephen has worked in financial services regulation for over three decades, most recently as a general manager within the Australian Prudential Regulation Authority (APRA). Stephen was Chair of APRA’s Superannuation Industry Group. He has previously worked with the International Organisation of Pension Supervisors, the Victorian Financial Institutions Commission and KPMG.

Stephen holds a Bachelor of Economics from Monash University and is a member of the Chartered Accountants Australia and New Zealand.

Chief Operating Officer - Colin Christie BA(Hons), FCA

Colin has extensive experience as a Director and Executive with various entrepreneurial, high growth, and private equity backed companies. Mainly working with high growth and turnaround SME’s, he has also held roles in IPOs, management buy-ins and buy-outs. His industry knowledge extends across financial services, FMCG, retail and distribution, IT, health and medical services.
Colin began his career with EY, qualifying as a Chartered Accountant, and is a Fellow of the Institute of Chartered Accountants. He has also completed the Institute of Directors’ Diploma in Company Direction.

Standards Director - Amelia Constantinidis BSc(Computing Science)

Amelia has worked in financial services for over two decades most recently in the financial advice industry for AMP and CBA. She led the first partnership between a Financial Advice Institution with a leading University developing unique programs for new Advisers entering the Financial Advice profession as well as establishing a Master’s program for existing Advisers to lift their education standard. Amelia has held senior program roles, driving complex business transformation and technology driven change to enhance business operations and productivity whilst improving the customer experience.

Amelia is a Founding Member and on the Advisory Board of the Financial Executive Women. Amelia was a member of the Financial Planning Education Council from 2013 – 2018 and a member of the AFA Professional Standards Working Group from 2016 – 2018.

Accreditation Manager - Howard Cook BEd

He has worked in professional education since 1997 with Securities Institute Education, Chartered Secretaries Australia, and the Financial Planning Association.

International experience includes working with ASEAN Banking regulators and the Securities Institute Thailand to provide training for regulators, intermediaries and investors. He has also worked with Universities around Australia to accredit courses for financial planners with the Financial Planning Education Council. Howard has a Bachelor of Education at UNE.

The Financial Adviser Standards and Ethics Authority Limited was established in 2017 to set the education, training and ethical standards of financial advisers in Australia.

 

 

The Financial Adviser Standards and Ethics Authority Limited was established in 2017 to set the education, training and ethical standards of financial advisers in Australia.