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.
Recommended for you
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.
HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.

