New CEO for Industry Fund Services
Industry Fund Services (IFS) - the organisation behind Industry Funds Financial Planning, has appointed Kay Thawley as its new chief executive.
IFS chairman Sandy Grant announced today that Thawley would start in her new position on Monday 14 December.
He said Thawley would be bringing a wide range of experience to the role in Australia, the United Kingdom and the United States.
"That experience, along with some years of senior executive appointments and recent consulting experience, will enable her to add value to the existing management team at IFS and to the business they lead," Grant said.
Thawley had previously worked for Deloitte and National Australia Bank.
Recommended for you
An adviser has received a written reprimand from the Financial Services and Credit Panel after failing to meet his CPD requirements, the panel’s first action since June.
AMP has reported a 61 per cent rise in inflows to its platform, with net cash flow passing $1 billion for the quarter, but superannuation fell back into outflows.
Those large AFSLs are among the groups experiencing the most adviser growth, indicating they are ready to expand following a period of transition and stabilisation after the Hayne royal commission.
The industry can expect to see more partnerships in the retirement income space in the future, enabling firms to progress their innovation, according to a panel.
