Ted O’Brien

The FAAA congratulates deputy Liberal leader and federal member for Fairfax, Ted O’Brien, on his appointment as shadow treasurer in the Ley Shadow Ministry. It also congratulates the Nationals federal member for Cowper, Pat Conaghan, as the newly appointed shadow assistant treasurer and financial services minister.

Sarah Abood, CEO of the FAAA, said: “Mr O’Brien and Mr Conaghan will play an important role in holding the government to account on key issues for the financial advice profession such as the Compensation Scheme of Last Resort and the Delivering Better Financial Outcomes reforms.

“The Australian financial advice sector requires substantial reform to achieve a regulatory regime that will deliver improved access and affordability of financial advice for Australians.  I look forward to working constructively with Mr O’Brien and Mr Conaghan to ensure more Australians are empowered to achieve financial wellbeing.

“I would also like to thank former shadow assistant treasurer and minister for financial services, Luke Howarth, for his engagement with and support of the financial advice sector over the previous term, and wish him well for the future.”

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