FAAA appoints industry veteran to senior policy & | Australian Markets

The Financial Advice Association Australia (FAAA) has created a new senior position to help the height physique’s advocacy and policy actions.

Advice industry veteran David Barrett will tackle the inaugural position of senior supervisor of policy and advocacy, guiding the FAAA’s policy formulation, stakeholder relationship building, and the development of sensible member instruments and steerage.

Based in Sydney, he studies straight to FAAA’s normal supervisor policy, advocacy and requirements, Phil Anderson.

Welcoming Barrett to the new position, Anderson mentioned the skilled financial advice skilled would “provide a valuable contribution as we work to develop and refine our policy positions and engage with our stakeholders and members”.

Barrett’s most up-to-date position was at Macquarie Bank as director and head of Macquarie Technical Advice Services, notching up more than 25 years with the financial providers group.

He was additionally beforehand a personal wealth adviser at UBS, and held analyst and paraplanning roles elsewhere.

Barrett was additionally a member of the Financial Services Council’s Advice Board Committee and Superannuation Board Committee, offering enter and steerage on regulatory issues.

He additionally lately co-founded and serves as director of financial advice networking service Pax Services, which connects super fund members with related advisers.

Anderson recognised Barrett’s “extensive experience” within the advice space, “particularly in areas such as technical advice, regulatory impacts, and professional standards”.

“We look forward to David contributing to our ongoing efforts in shaping the future of financial advice in Australia.”