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.
Hayne was rightly incredulous that advice industry associations were still trying to be disciplinary bodies while representing the interests of their members. The failure of these groups to do either well is not only weakening their position but cruelling the professional ambitions of advisers, writes Robert MC Brown.
Robert MC BrownJune 22, 2021
Many industry participants are inclined to blame ASIC and the government for the advice deficit when, in fact, the blame lies squarely at the feet of the industry, says Robert M.C. Brown.
Robert MC BrownApril 9, 2021
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