Gordon to depart Perpetual Investments
Perpetual Investments group executive, Michael Gordon, is to retire at the end of the year.
Perpetual announced Gordon's impending departure to the Australian Securities Exchange (ASX) today.
Perpetual Limited chief executive, Geoff Lloyd said Gordon's decision had followed a period of reflection after recovery from ill-health.
The company said an executive search has been started to find a successor to Gordon.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
