Robert MC Brown AM is a chartered accountant with more than 30 years’ experience in taxation, superannuation and financial planning. He is independent chairman of the ADF Financial Services Council, and a member of the government’s Financial Literacy Board.
With failed leadership and associations that act more like medieval guilds, professionalism was always going to be a struggle for the advice industry according to Robert M.C. Brown. But a growing cohort of advisers embracing the Code of Ethics are paving the way for the industry to become as trusted as it is profitable.
Robert MC BrownNovember 13, 2020
The industry must be fully on board with the clear intentions of the code. Instead of complaining about its 'uncertainties', practitioners should recognise that it is deliberately not a technically prescriptive compliance-style laundry list, Robert MC Brown writes.
Robert MC BrownSeptember 1, 2020
Instead of slipping into a reactionary mindset, advisers should use this crisis to reset the kind of industry they want to be part of. Robert MC Brown uses his experience with the Australian Defence Force to put forward an approach that could benefit the greater good.
Robert MC BrownApril 14, 2020
Any plans to lobby government and FASEA to amend its plain words or to dilute its principles or interpretation should be dropped; it is simply not in the interests of the new profession, Robert MC Brown reckons.
Robert MC BrownDecember 11, 2019
Many factors have added to the set of circumstances the advice industry finds itself in – whipped by a royal commission and on the cusp of a fresh round of rules, regulations and reviews. Among these factors, a poor leadership stands out as its biggest misstep.
Robert MC BrownAugust 21, 2019
The financial services industry is starting to work out exactly what the FASEA mandatory Code of Ethics means and many won't like it, including those who think they're addressing their conflicts by charging asset-based fees.
Robert MC BrownJune 24, 2019