Disciplinary committee established for AFAs

A Disciplinary Committee has been established to conduct proceedings arising out of complaints against authorised financial advisers (AFAs), announced Commerce Minister Simon Power yesterday.

The Disciplinary Committee will be chaired by the Commissioner for Financial Advisers, David Mayhew. 

He will be joined by committee members:

• Tracey Berry - general manager, Wealth, at Kiwibank
• Simon Hassan - financial adviser and member of the international Financial Planning Standards Board (FPSB) Standards Committee
• Peter Houghton - recently moved to New Zealand from the United Kingdom where he was Global Head of Investment Research at Dresdner Kleinwort Investment Banking
• Sir Bruce Robertson - a recently retired judge of the New Zealand Court of Appeal.