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FASEA chair reappointed

Senator Jane Hume has announced that Catherine Walter AM will continue in her controversial role as part-time chairperson of FASEA.

Ms Walter has been reappointed from 11 April 2021 and will “continue to work with the Board consulting on and refining the Standards for Financial Advisers that remain under FASEA’s responsibility until the organisation is wound up”, according to a statement from senator Jane Hume.

Ms Walter was first appointed as the chair of FASEA in 2017. She is a director of the RBA’s payments system board and was previously the managing partner of the Melbourne office of Clayton Utz. She has served on the boards of the ASX and NAB.