Ainsley McLaren has been appointed as a new member of the Financial Markets Authority (FMA) Board for a five-year term.

Ms McLaren has a background in managed funds and investment.

Retired Court of Appeal judge Sir Bruce Robertson has been reappointed as Chair of the Disciplinary Committee and Simon Hassen has been reappointed as a member of the committee.

Both have been reappointed for a further five year term.

The Committee conducts disciplinary proceedings arising out of complaints against authorised financial advisers referred to it by the FMA.