The introduction of FOFA on 1 July 2013 will result in significant changes to regulation for the provision of financial advice.
“Reflecting the period of significant change the industry is going through, ASIC is building on the current expertise in our national financial advisers team,” an ASIC spokesperson told InvestorDaily.
“We are looking for people to work in our multi-skilled teams on industry liaison and policy development, as well as compliance and surveillance work.”
A total of eight roles have been listed between its Sydney and Melbourne offices, suited to financial services professionals with a background in financial advice, risk management, compliance and legal.
The new personnel will replace some existing staff but will ultimately realign the balance in its financial adviser teams across the country, the ASIC spokesperson said.
“We think this is a very exciting time to join ASIC and assist in bedding down FOFA changes,” he said.
“The roles offer an opportunity for industry members with an understanding of the wealth management business and the financial advice process to utilise and consolidate their experience gained in the private sector.”
