Neil Younger moves to ANZ
Financial planning executive Neil Younger will make a move to ANZ Wealth next month to head up practice-based financial planning, the banking group has announced.
Younger will make the move to ANZ following a brief career as general manager of Commonwealth Financial Planning and several executive roles held previously at BT Financial Group.
In his new role, Younger will assist ANZ Wealth's licensees (RI Advice, Financial Services Partners and Millennium3) on their way through the impending Future of Financial Advice (FOFA) reforms.
"I've worked for a considerable amount of time in both the IFA world and now the banking channel, so I understand FOFA and its impact and I'll continue to build on the work that's been done, but will also ensure the business is best placed to what will be a considerably changed environment," Younger said.
In its full-year results released last week, ANZ has announced plans for significant growth of its relatively new wealth division, following a tough year.
Neil Younger will start his new role on 5 December and will work closely with head of ANZ Wealth, Paul Barrett, who had also made a move from CBA.
Younger has been very active in the financial services industry, having sat on the Financial Services Council Financial Advisory Network Board and the Financial Planning Association Future of Financial Planner Committee.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
