Pearce departs as CEO of Colonial First State
John Pearce
ColonialFirstState will soon be in the market for a new chief executive, following the resignation announced today of John Pearce.
Pearce, who had been chief executive officer with Colonial First State for around four years, is leaving the company to take up a position in Hong Kong.
Pearce became chief executive officer at Colonial First State after working most of his pervious career within the NSW State Bank and Colonial.
He will leave the bank on December 1, 2006.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.