National Insurance Brokers Association’s (NIBA) Professional Development Executive Linda Evans is the sole insurance representative for a new financial advice advisory panel.

The panel aims to provide views on professional and ethical standards in the financial advice industry and is considered one of the first steps towards the Federal Government’s Future of Financial Advice reforms.

Assistant Treasurer Bill Shorten says the panel will play a key role in lifting professional standards and promoting trust and confidence in the financial advice industry.

Australian Securities and Investments Commission Commissioner Greg Medcraft will chair the panel, which includes representatives from across the industry including financial advisers and stockbrokers.

Other participants on the panel are:

Colonial First State CEO Brian Bissaker;
Brocktons Independent Advisory Director Daniel Brammall;
National Australia Bank Executive GM Antony Cahill;
Stockbrokers Association of Australia Policy Executive Doug Clark;
HESTA Super Fund CEO Anne-Marie Corboy;
Finsia CEO Martin Fahy;
AMP Director of Financial Planning Steve Helmich;
ASX GM Participants Fiona Hooymans;
University of NSW Professor Dimity Kingsford-Smith;
Association of Financial Advisers CEO Richard Klipin;
Choice Chairman Jenni Mack;
CPA Australia CEO Alex Malley;
Financial Sector Union National Director Rod Masson;
Treasury GM Geoff Miller;
Financial Planning Association CEO Mark Rantall; and
Self-Managed Superannuation Fund Professionals Association CEO Andrea Slattery.