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
Advisers may assume Gen Z and Millennials are less financially savvy than their older peers, but NAB has found they are actively engaging in “buy the dip” strategies when using ETFs to build long-term wealth.
With regional and rural suburbs exhibiting high spare capacity to invest, Money Management speaks to three regional advisers on the opportunities beyond the major cities and the importance of a strong network.
Platform consolidation is expected to accelerate among financial advisers this year, as software company Finura pinpoints which two platforms are set to be the winners, thanks to this trend.
The software provider has made several appointments in its APAC wealth propositions team, with a focus on driving growth across digital advice, Xplan and strategic partnerships.