Brought to you by:

Code compliance committee gets new chairman

University of New England Deputy Chancellor Jan McClelland  has been appointed Chairman of the Life Code Compliance Committee.

Her appointment was announced in a joint statement from the Financial Services Council (FSC) and the Australian Financial Complaints Authority (AFCA). The FSC owns the code and AFCA provides the secretariat services  comprising of an industry representative,  a consumer representative and an independent chair.

Ms  McClelland takes over from  Anne Brown, who completed her three-year  tenure  earlier this year.

The joint statement says  Ms  McClelland  has extensive experience in industry codes of practice, and has  served on audit and risk committees in legal, health and local government sectors

“The  [Life Code Compliance Committee]  has  an important  role in monitoring the effectiveness of the Life Code and therefore supporting good industry practice,” AFCA CEO David Locke said.

“Ms  McClelland will bring deep and diverse experience to leadership of the committee.”

FSC CEO  Sally  Loane  says she looks forward to  working closely with  Ms  McClelland  in ensuring the Life Insurance Code of Practice delivers for Australian  consumers.