AMP Financial Planning restructures management
AMP Financial Planning has appointed former ING head of aligned distribution Grant Pearson as its new head of advice segments, as part of a restructure of its senior management team.
Reporting to AMP Financial Planning managing director Greg Kirk, Pearson joins AMP to develop advice packages for clients and will be expected to build the dealer group's capabilities in specific markets such as retirement savings and mortgage services.
The other four appointments are all internal with former AMP senior strategist David McNeill appointed new head of client markets, former NSW zone manager Nic Blakemore appointed head of development practice and former New Zealand head of human resources Leah South appointed as head of the managing director's office.
The group's national operations manager, Len Whelan, will replace Blakemore as NSW zone manager.
Kirk says the new appointments were made to provide a team that could understand the changing financial services environment and handle challenges generated by the Financial Services Reform Act.
"The financial environment continues to change rapidly and AMP Financial Planning has developed with it. The new leadership team has been established to continue that transformation by delivering a stronger proposition for both our planners and their clients.
"It's a proposition that ensures AMP financial planners can provide quality advice solutions within this new environment in a way that's sustainable for business," Kirk says.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
