“I was thrilled to be asked to join the committee. It’s great that ASIC actively reached out to form such a committee to listen the voice of advisers,” Ms Brown said.

“It’s going to give a good broad spectrum of my knowledge, not just to SMSFs but also, I’m a business owner, and I’m the manager of a small licensee so it brings quite a number of different views all to the same table.”

The initial members will also include Craig Banning, Chris Brycki, Steven Dobson, Mark Everingham, Tony Gillett, Cathryn Gross, Suzanne Haddan and Kevin Smith.

“ASIC has extensive engagement with participants in the financial advice sector as well as financial advice industry bodies and consumer organisations. We saw benefit in extending our interaction with this sector through the establishment of a committee made up of practising advisers,” ASIC deputy chairman Peter Kell said.