Financial Advice Code Committee - Consumer Representative

Overview

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.

Role of Committee members

Committee members are required to: 

• be prepared for meetings and consider issues with an open mind.
• review and maintain relevant standards for financial advice, in consultation with interested parties.
• help to ensure the Committee meets its procedural requirements.
• constructively challenge ideas where appropriate.
• be available to attend scheduled meetings and/or engagement activities.

Skills and experience required

At this time the Minister of Commerce and Consumer Affairs is seeking candidates who wish to be considered for appointment to one of either of two member roles on the Financial Advice Code Committee, one of which: 

Consumer Representative:

• Experience in financial advice, financial services, financial education, economics, law, financial capability, or another relevant field.
• Proven experience representing consumer interests, especially in financial services or related sectors
• Understanding of the challenges and needs of retail clients (consumers) in financial decision-making.

Other skills, experience, and attributes required:

• Be well-prepared for meetings, actively participate in discussions, and engage with stakeholders when required.
• Willingness to work constructively with others, challenge ideas respectfully, and reach consensus where possible.
• Be well-prepared for meetings, actively participate in discussions, and engage with stakeholders when required.

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 found here.

Email boardappointments@mbie.govt.nz if you have any further questions.

Applications close at 11.59pm on 23 July 2025.