The Financial Advice Code Committee (The Committee) is Aotearoa New Zealand’s
independent standard setter for financial advice, assisting the Minister in relation to the Code
of Professional Conduct for Financial Advice Services.
The Committee sets the professional conduct standards of financial advisers in their
interactions with, and services provided to New Zealanders. The Committee is an independent
body and is established by Part 4 of Schedule 5 of the Act.
The Committee’s ongoing functions include:
•
Reviewing the Code from time to time to make sure it remains relevant and fit-for-
purpose.
•
Recommending to the Minister changes to the Code if needed.
•
Liaising with the Minister, the Financial Markets Authority, and financial advice and
consumer stakeholders.
At this time the Minister of Commerce and Consumer Affairs is seeking candidates who wish to
be considered for appointment to a member – consumer representative role on the Financial
Advice Code Committee.
Key skills, experience and attributes required:
•
Experience in financial advice, financial services, financial education, economics, law,
financial capability, or another relevant field.
•
Demonstrated experience representing consumer interests and a deep understanding
of the unique challenges and needs of retail clients when navigating financial services.
•
Proven understanding of the internal, operational considerations in relation to direct
customer interactions
and ensuring compliance with established consumer protection
laws.
•
Specialised knowledge of dispute resolution frameworks or schemes
(e.g., IFSO or FDRS) and how they might help the Committee identify systemic advice
failures and refine the Code’s standards for example in relation to fair treatment.
•
The ability to translate complex consumer grievances into high-level professional
standards that promote ethical behaviour, transparency, and public trust in the
financial sector. under the Official Information Act 1982
•
Strong interpersonal and negotiation skills to work constructively with industry experts
and liaise with diverse stakeholders to ensure the Code remains fit-for-purpose.
Other desirable skills, experience, and attributes:
•
Proven experience in board-level or committee governance, including an understanding
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of the col ective and individual duties of directors.
•
An understanding of the public sector accountability frameworks that govern crown
entities in New Zealand.
•
Demonstrated ability to manage high-level relationships with government ministers,
regulatory bodies (such as the
FMA), and industry peak bodies.
•
Ability to identify and mitigate strategic and operational risks relevant to a standard-
setting body.
•
A track record of working constructively in a multi-disciplinary team to reach consensus
on complex regulatory or ethical issues.
How to apply
Click on the
Apply now button below to complete your application. All applications must be
submitted via our online process. A position description can be foun
d here.
Email [email address] if you have any further questions.
Applications close at 11.59pm on XX 2026.
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