New leader for Securitor

financial services industry remuneration insurance dealer group chief executive

18 April 2007
| By Darin Tyson-Chan |

The St George owned financial planning dealer group Securitor has announced a change in its senior management structure, with Neil Younger taking over from Sean West as the head of advice business solutions.

The announcement was made at the commencement of Securitor’s annual convention.

“Neil Younger brings more than 20 years experience in the financial services industry to his new role as head of advice business solutions, seven of which [were] spent with Asgard,” St George Group executive for wealth and chief executive of Asgard Wealth Solutions Geoff Lloyd said.

“Most recently, as the head of business and strategy development, Younger oversaw the development of the group’s new integrated financial planning and practice management technology, AdviserNETgain,” he added.

Lloyd revealed Younger’s focus going forward would be to further develop the dealer group’s remuneration model and service proposition for its advisers with applications such as AdviserNETgain and profitability enhancement aid Business Torque.

The elevation of Younger was necessitated after West was himself promoted to the position of St George Insurance general manager.

According to Lloyd, West’s new role signifies St George’s intention to make insurance a strategic priority in the immediate future.

“Our financial planners have also told us they think there is more we can do to battle the high levels of underinsurance in the community. Consequently, this has spurred us to think more seriously about what we can do to raise the issue of the importance of insurance in the minds of consumers,” Lloyd said.

“Sean, with his wealth of experience in the financial services industry, is the right person to drive the growth of our insurance portfolio,” he added.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 4 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 3 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week 1 day ago

TOP PERFORMING FUNDS