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
The RBA has made its latest interest rate decision at the the final monetary policy meeting of 2025.
State Street is actively seeking to launch ETFs in the Australian government, corporate and high yield bond space next year in order to capitalise on the phase-out of AT1 hybrids.
Greater consistency across the ASIC adviser exam has helped boost the number of first-time candidates this year with many opting to sit before undertaking a Professional Year.
Financial advice practice Eureka Whittaker Macnaught is in the process of acquiring three firms to boost its annual revenue to $25 million.

