IOOF names new SFG CEO



IOOF has named a new chief executive for Shadforth Financial Group.
The company announced today that it had recruited News Corp Australia general manager, Angus Benbow to the role.
It noted that Benbow had previously held positions at Perpetual where he was focused on high net worth clients.
Confirming the appointment, IOOF managing director, Chris Kelaher said he believed Benbow would bring experience in financial services, business strategy and general leadership.
Kelaher paid tribute to the strong contribution of previous CEO Nick Bedding who left SFG in late August for a career break after seven years at the company.
Recommended for you
ETF provider VanEck has announced its intention to launch a uranium and energy solution as global political agendas point to expansion in this sector.
PIMCO has announced the launch of a new active fixed-income ETF, marking its fifth active solution on the Australian market after the launch of four ETFs earlier in the year.
With the Australian advice market being a target for US private equity firms, a US advice commentator has shared lessons from his overseas experience, and why PE may be less attractive than initially expected.
Financial advisers are reminded to ensure their CPD is up to date with the Financial Services and Credit Panel making its second determination in a week after an adviser failed to meet the requirements.