FASEA announced Dr Sanders’ departure yesterday, saying that he will be continuing his “long-standing career in professional services”.
Dr Sanders has now confirmed to ifa sister title Accountants Daily that he was offered a role in the Deloitte partnership, to work on new business in the conduct area, including financial advice transformation and professional standards.
Dr Mark Brimble, head of the finance and financial planning division at Griffith University and a FASEA board member, has been appointed acting managing director while FASEA searches for a new permanent CEO.
Accountants Daily understands Dr Sanders handed in his resignation weeks ago.
Deloitte could not respond to requests for comment by deadline.
at the end of the day, he is preferred to be called an professional accountant
Deloitte will need to buy a hat-stand.
Why
O’Dwyer is the best leftie dressed as a conservative you could imagine – no background – no experience – distracted doing more important things – and continuing the good work of the ISA and the labor mates – who could have guessed you would get so much rubbish from a coalition team.
Too hot in the kitchen and not prepared to eat his own cooking?
Good on him – FASEA is a poison chalice that places him in a lose lose situation.
Seriously?? You’re actually defending him? This guy took on the role, I’m sure he got handsomely remunerated for doing stuff all apart from muttering some unintelligible crap about degrees becoming ‘stale’ and then he jumps ship to some more-handsomely remunerated position in the middle of the consultancy period. And he craps on about ethics. Please.
Hmmm, I wonder why someone would bother staying in the role when all they have had since day one is an extremely high level of vitriol and abuse. Sounds like a role anyone would love to sign up to. You have the government setting the policy framework via legislation with deadlines set in stone on one side and then you have advisers who have only self-interest at heart on the other. Where do I sign on?
Wow this sounds like a day in the life of advisers
The captain abandons the HMAS FASEA. The bilge pumps would be working over time to keep the organisation afloat. Sure the only reasonable response is to extend the deadline of the consultation period?
FASEA is more than one person. The education pathway released recently is a good approach in my book, one I know that I’ll probably get roasted for on here. It raises the bar for all advisers while recognising the work done by some advisers in gaining degrees in related fields. If all you have is RG146 or a diploma, then it’s time to upgrade.
It seems that every adviser that comments on here is in the ‘99%’ of advisers that do the right thing and look after their clients well, it’s everyone else that is dodgy. If people were concerned with actually raising our industry to the level of a profession, and not just concerned about their own individual situation, then they would embrace the changes with open arms. The fact that there have been so many calls for exemptions, for RPL, for this, for that, shows that a wholesale change is required.
There is an old Chinese proverb, “The fish rots from the head”.
O’Dwyer presiding over another Financial Advice disaster – Please O’Dwyer be the next to jump ship.
O’Dwyer is a wrecking ball to financial advisers.
True… O’Dwyer needs to wake up and realise the difference between THEORY and REALITY. These politicians live in a bubble… never been in the real world always trying to appease the left wing do gooders.
Odwyer has no intention of jumping. She has a pathological hatred for commissions and anything to do with financial advisers and will not rest until she destroys this industry.
And when the coalition loses next election we will be left with Mr shorten!
Jumped yet another ship when the going gets tough ……