FASEA welcomes new directors

The government body overseeing the rising education standards in financial advice is welcoming new directors to its board.

Australian Financial Complaints Authority board member Elissa Freeman and former Financial Planning Association of Australia director Louise Lakomy have been appointed to the board of the Financial Adviser Standards and Ethics Authority (FASEA).

Both Freeman and Lakomy have been appointed as part-time directors to FASEA's board.

Freeman has served as an AFCA board member since the organisation's inception, and was appointed to the board after spending four years as a director of its predecessor, the Financial Ombudsman Service (FOS).

Previously, Freeman spent more than a year as a director of the Australian Competition and Consumer Commission and was the director of policy and campaigns at the Australian Communications Consumer Action Network (ACCAN).

Lakomy is currently a director of advice and investment management firm Crystal Wealth Partners. Previously, she spent time at St George Bank as a financial planner, before a seven-year stint as a principal of investment advice at Yellow Brick Road.

Prior to joining Crystal Wealth, Lakomy spent almost two years as an executive financial planner at Westpac.

Their appointments were flanked by the re-appointments of Integra Financial Services founder Deborah Kent and former Consumer Action Law Centre co-chief executive Carolyn Bond

The Government confirmed all four directors have been appointed on three year tenures.

Read more: FASEAElissa FreemanLouise LakomyCrystal Wealth PartnersAFCADeborah KentFOSFPAWestpacYellow Brick Road
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