Committees & Working Groups
The FSC's policy development structure
The FSC's policy development structure is built on active industry participation, bringing together leaders and subject matter experts to shape effective and practical public policy for Australia's financial services sector.
Board Committees provide strategic oversight of FSC policy priorities, guiding direction, setting focus areas and informing the work of the FSC Secretariat and its working groups.
Working Groups bring members together to develop, refine and progress policy initiatives across key areas of the industry.
Policy Board Committees
Advice Board Committee Guides the Financial Services Council's strategy and policy development across financial advice and Financial Advisory Networks (FANs).
Mandate
The Advice Board Committee is responsible for guiding the Financial Services Council's strategy and policy development across financial advice and Financial Advisory Networks (FANs).
Role and objectives
The Committee works to:
- Strengthen the financial services regulatory framework to support the delivery of accessible, high-quality advice
- Demonstrate the value of financial advice and the role of FANs
- Promote strong governance and quality assurance practices across the advice sector
- Build and maintain consumer confidence in financial advice
Regulatory engagement
The Committee also oversees the FSC's engagement with key regulators and government stakeholders responsible for financial advice and FANs, including:
- Australian Securities and Investments Commission
- Department of the Treasury
Co-chairs
The Committee is co-chaired by members of the FSC Board:
- Neil Younger Chief Executive Officer, Entireti Limited
- Scott Hartley Chief Executive Officer, Insignia Financial Ltd
Members
- Andrea Boss General Manager Advice & Member Engagement, AMP
- Bryan Ashenden Head of Financial Literacy & Advocacy, BT Financial Group
- Dan Silver Co-Founder and Chief Operations Officer, Stake
- Darren Steinhardt Managing Director, Infocus Wealth Management Ltd
- Darren Whereat Chief Executive Officer, Rhombus Advisory Pty Ltd
- Jonathan Scholes Head of Client for Wealth, Findex Group Ltd
- Keith Cullen Managing Director & CEO, WT Financial Group Ltd
- Laura Black Head of Private Bank Advice Services, Macquarie
- Lisa Chambers Chief Risk & Legal Officer, Count Financial Ltd
- Matt Brown Executive General Manager Advice, Entireti Ltd
- Matt Lawler Chief Executive Officer, Akumin Pty Ltd
- Renee Howie Chief Customer Officer, Insignia Financial Ltd
- Ross Barnwell Chief Operating Officer, Otivo Pty Ltd
- Saranne Brodrick Partner, Chief Strategy Officer, Mercer (Australia) Pty Ltd
FSC contact
For more information, please contact:
Harvey Russell Policy Director, Financial Advice & Strategic Advocacy hrussell@fsc.org.au 0450 630 247
Cooper Gannon Policy Manager, Economics & Financial Advice cgannon@fsc.org.au 0411 176 130
2026 Meeting Dates
Wednesday 18 February
10:00am-11:30am
Thursday 7 May
2:30pm-5:00pm
Monday 15 June
3:00pm-4:30pm
Tuesday 4 August
11:00am-12:30pm
Monday 7 September
1:00pm-2:30pm
Thursday 5 November
10:00am-11:30am
Fund Management Board Committee Guides the Financial Services Council's strategy and policy development across funds management and capital markets.
Mandate
The Fund Management Board Committee is responsible for guiding the Financial Services Council's strategy and policy development across funds management and capital markets.
Role and objectives
The Committee works to:
- Enhance market integrity and efficiency
- Promote strong corporate governance practices across the funds management industry
- Build and maintain consumer confidence in funds management
- Oversee the Investment Expert Group (IEG), which investigates technical policy issues and develops industry positions and submissions
Regulatory engagement
The Committee oversees the FSC's engagement with key regulators and government stakeholders across funds management and capital markets, including:
- Australian Securities Exchange
- Australian Securities and Investments Commission
- Department of the Treasury
Governance
The Committee operates under its formal Terms of Reference, which outline its responsibilities and governance framework.
Chair
The Committee is chaired by members of the FSC Board:
- Andrew Creber Managing Director and CEO, Australia & New Zealand, J.P. Morgan Asset Management
- Alison Telfer Chief Executive Officer, Schroders Australia
Members
- Adam Quaife Country Head Australia and New Zealand & Australian Head of Institutional Client Coverage, UBS Asset Management
- Adam Vise A/Chief Executive Officer, Wealth & Capital Markets, Australian Unity Funds Management
- Amanda Gazal Chief Operating Officer, First Sentier Group
- Amanda Gillespie Chief Executive Australia, Perpetual Asset Management Australia
- Andrew Creber Chief Executive Officer Australia & New Zealand, JP Morgan Asset Management
- Anna Shelley Chief Investment Officer, AMP Superannuation & Investments
- Amali Kiriella (Acting) Head of Disclosure and Governance, Vanguard Investments Australia Limited
- Felicity Walsh Managing Director and Head of Australia & New Zealand, Franklin Templeton Investments Australia Limited
- Garry Mulcahy Chief Executive Officer, MLC Asset Management
- Jason Collins Country Head Australasia, BlackRock Investment Management Australia Limited
- Jason Edgar Head of Asia Pacific, Russell Investment Group
- Eileen Koo Chief Executive Officer, AllianceBernstein Australia Limited
- John McMurdo Chief Executive Officer, Australian Ethical Investment Limited
- Mark Samuelson Head of Asia Pacific and Middle East, Ninety One Australia Pty Limited
- Simon Glazier Managing Director, Australia, FIL Investment Management (Australia) Limited
- Victor Rodriguez Chief Executive Funds Management, Challenger Limited
FSC contact
For more information please contact:
Aidan Johnson Policy Director, Investments & Funds Management ajohnson@fsc.org.au 0421 944 648
Bronwyn Allan Policy Manager, Investments & Cross-Industry Regulation 0421 506 231
Superannuation Board Committee Guides the Financial Services Council's strategy and policy development across superannuation and retirement savings.
Mandate
The Superannuation Board Committee is responsible for guiding the Financial Services Council's strategy and policy development across superannuation and retirement savings.
Role and objectives
The Committee works to:
- Enhance the effectiveness, efficiency and sustainability of the superannuation system
- Build and maintain consumer confidence in superannuation
- Improve engagement and financial literacy to support better retirement outcomes
Regulatory engagement
The Committee oversees the FSC's engagement with key regulators and government stakeholders, including:
- Australian Prudential Regulation Authority
- Australian Securities and Investments Commission
- Australian Taxation Office
- Department of the Treasury
Co-chairs
The Committee is co-chaired by members of the FSC Board:
- Kelly Power CEO, Colonial First State Superannuation
- Blair Vernon CEO, AMP Limited
Members
- Ben Facer Managing Director, Head of Superannuation, Russell Investment Group
- Chris Kalliris Regulatory Strategy and Product Risk, Macquarie Group
- David Warren General Manager Superannuation, Equity Trustees Superannuation Ltd
- David Woodall CEO Superannuation, Insignia Financial Ltd
- David Yeates Executive Director – Superannuation & Insurance, Colonial First State Superannuation
- Deborah Latimer Chief Risk Officer, HUB24 Ltd
- Jodie Henson Chief Risk, Legal and Governance Officer, Netwealth Investments Ltd
- Karen Hughes Chief Risk Officer, Australian Ethical Investment Ltd
- Kate Farrar Chief Executive Officer, Brighter Super
- Kath Cosentino Head of Product Management & Product Development, BT Strategy & Product, BT Financial Group
- Kelly Kerr Head of Technical and Policy, AMP Superannuation & Investments
- Mandy Mannix Principal Advocate, Retirement, Challenger Ltd
- Renae Smith Head of Personal Investor, Vanguard Australia Ltd
- Richard Boyfield Partner, Mercer (Australia) Pty Ltd
FSC contact
For more information, please contact:
Kirsten Samuels Policy Director - Superannuation ksamuels@fsc.org.au 0435 779 858
Julia Hukka Policy Manager, Investment Platforms & Superannuation jhukka@fsc.org.au 0432 482 155
2026 Meeting Dates
Thursday 12 February
10:30am - 12:00pm
Monday 23 March
10:30am - 12:00pm
Monday 25 May
1:00pm - 2:30pm
Thursday 6 August
10:00am - 11:30am
Wednesday 16 September
9:00am - 12:00pm
Monday 16 November
1:00pm - 2:30pm
Administration Board Committees
The Administration Board Committees assist the Board in carrying out its operational and administrative responsibilities.
Administration & Risk Board Committee Oversees the financial management and risk framework of the Financial Services Council.
Mandate
The Administration & Risk Board Committee is responsible for overseeing the financial management and risk framework of the Financial Services Council.
Role and objectives
The Committee supports the Board in fulfilling its responsibilities by:
- Overseeing the effective management of financial and operational risks
- Ensuring the integrity and accuracy of financial reporting
- Monitoring compliance with applicable laws and regulations
- Providing Directors with timely, relevant and high-quality financial and non-financial information
- Supporting effective audit processes and maintaining strong communication between the Board and auditors
- Promoting high standards of business ethics and corporate governance
- Recommending risk-related policies and procedures to the Board
The Committee provides ongoing assurance across
- Financial administration and reporting
- Audit processes, controls and independence
- Legal and regulatory compliance
- Internal controls
- Risk oversight and management
Risk oversight
The Committee oversees the establishment and ongoing effectiveness of systems and processes for:
- Identifying, assessing, monitoring and managing risk
- Reporting and disclosing any material changes to the organisation's risk profile
Members
- David Bryant FSC Chair, Chief Executive Officer, Marsh, Pacific
- Sean West FSC Deputy Chair, Executive Director, Head of Wealth Management, Macquarie Group Ltd
- Nick Hamilton FSC Deputy Chair, Chief Executive Officer and Managing Director, Challenger Ltd
FSC Contact
For more information, please contact:
Kylie MacLaren Company Secretary [kmaclaren@fsc.org.au] 0488 169 841
Nominations Board Committee Supports the Board in ensuring its composition reflects the right skills, experience and diversity to govern the Financial Services Council.
Mandate
The Nominations Board Committee supports the Board in fulfilling its responsibilities to members by ensuring the Board is composed of individuals with the right skills, experience and diversity to effectively govern the Financial Services Council.
Role and responsibilities
The Committee is responsible for:
- Identifying the skills and experience required for effective Board composition
- Regularly assessing whether these capabilities are appropriately represented on the Board
- Reviewing the level of diversity across Board membership
- Assessing nominations for Board positions
- Establishing processes to identify, evaluate and interview candidates for election or to fill Board vacancies
- Providing timely recommendations to the Board on suitable candidates for appointment
Members
- David Bryant FSC Chair, Chief Executive Officer, Marsh, Pacific
- Sean West FSC Deputy Chair, Executive Director, Head of Wealth Management, Macquarie Group Ltd
- Nick Hamilton FSC Deputy Chair, Chief Executive Officer and Managing Director, Challenger Ltd
FSC contact
For more information, please contact:
Kylie MacLaren Company Secretary [kmaclaren@fsc.org.au] 0488 169 841
Standards, Oversight & Disciplinary Board Committee The SODC oversees the FSC's Standards framework, including the Industry Code of Ethics and Code of Conduct, and monitors member compliance.
Mandate
The Standards, Oversight & Disciplinary Board Committee is responsible for overseeing the Financial Services Council's Standards framework, including Standard No. 1 – Industry Code of Ethics and Code of Conduct, and monitoring member compliance.
Role and responsibilities
The Committee is responsible for:
- Reviewing proposals from Board Committees for new Standards and updates to existing Standards
- Assessing draft Standards and Guidance Notes, and recommending them to the Board for approval
- Overseeing the annual FSC Standards compliance process and reporting outcomes to the Board
- Considering and assessing complaints relating to FSC member compliance
- Managing breaches of FSC Standards and facilitating disciplinary action where required
Members
- Matt Rady Chief Executive Officer, BT Financial Group
- Daniel Shrimski Chief Executive Officer, Vanguard Australia Ltd
FSC contact
For more information, please contact:
Kylie MacLaren Company Secretary kmaclaren@fsc.org.au 0488 169 841
Competition law compliance
Meeting conduct requirements
When participating in FSC meetings, members agree that they will:
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Not reach any arrangement or understanding relating to pricing or commercial terms for the supply of competing goods or services
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Not engage in conduct intended to restrict, prevent or limit competition between participants, or that has the purpose or effect of reducing competition in any relevant market
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Not disclose competitively sensitive information, including (but not limited to) current or future pricing, margins, customers, or commercial strategies
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Ensure all discussions and interactions are conducted in a manner that complies with Australian competition and consumer law, as well as all other applicable legal requirements
Working groups
The FSC has more than 80 working groups that bring members together to develop and advance effective public policy across the financial services industry. These working groups play a critical role in shaping policy outcomes on behalf of members. This work would not be possible without the time, expertise, and active participation of our member organisations.
FSC contact
Member Services membership@fsc.org.au