CFS planning restructure
Colonial First State has restructured its financial planning businesses into a single entity — the Colonial First State Advice Business.
The single business will act as an umbrella for Colonial First State Financial Planning, BankWest, Financial Wisdom, Whittaker McNaught and Advice Essentials, and will be headed by Paul Barrett as general manager.
The changes to the structure have been announced by CFS chief executive Brian Bissaker.
The group will be continuing the recruitment process for a new general manager of distribution and a new head of Commonwealth Financial Planning following the recent departure of Tim Gunning.
AUTHOR
Mike Taylor
Recommended for you
A former Northern Territory financial adviser has received a seven-year ban from ASIC, having been convicted of supplying dangerous drugs and receiving or possessing the proceeds of their sale.
Both Bain Capital and CC Capital have made revised bids for Insignia Financial after completing a period of due diligence.
The advice industry has reached triple-digit gains for the calendar year to date, with two licensees seeing gains of five during the week.
Targeting market leadership in digital advice, Bravura’s digital solutions are now available to over 6 million superannuation fund members.
