Chairman of QIC steps downs
The chairman of QIC, Trevor Rowe, will step down from his position at the end of his current term in September.
“I leave QIC as chairman secure in the knowledge that the QIC board and management are well placed to meet the difficult environment that the aftermath of the global financial crisis has thrown up,” he said.
Rowe said he had worked with the chief executive, Doug McTaggart, and management overseeing meticulous planning to ensure QIC remained at the head of growth and innovation.
Rowe has served for eight years as chairman of the board.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.