Industry fund appoints head of advice
Local Government Super (LGS) has appointed NGS Super's former financial planning head, Andrew Dunkerley, as its new head of advice in a bid to increase its financial planning capabilities.
The fund's chief executive, Peter Lambert, said they hired Dunkerley in a bid to increase the "take-up of financial advice among its members".
He added Dunkerley had experience in growing financial planning businesses within industry funds and improving the effectiveness of planners, and that he will be able to draw on those successes at LGS.
"Andrew will be developing and enhancing multiple advice channels, include telephone, web-based advice and advice in the workplace to complement LGS' core face-to-face services", Lambert said.
Dunkerley, who has over 20 years' experience in financial services, will also focus on addressing the demand for limited and piece-by-piece advice, which, according to Lambert, many organisations were not adequately addressing.
Recommended for you
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
