Steele replaces Swindells at ipac

amp/amp-financial-planning/amp-financial-services/director/financial-planning-practices/AXA/

5 December 2012
| By Staff |
image
image image
expand image

AMP Horizons Academy director Tim Steele has been appointed to replace Neil Swindells as head of AMP-aligned dealer group ipac, effective from early 2013.

Swindells will move into a role with responsibility for AMP's direct equity investments in financial planning practices across several licensees, AMP stated.

Both Steele and Swindells will report to AMP director, advice network and strategic development Andrew Waddell in their new roles.

The changes come as part of a review of AMP's advice businesses following its integration with AXA in 2011, the company stated.

The other dealer groups will remain unchanged. AMP Financial Planning managing director Michael Guggenheimer, Hillross managing director Hugh Humphrey, Charter managing director Kevin Stone and Genesys managing director John Saint will remain in their current roles.

However, licensee services will be consolidated to provide planner and adviser support across all licensees under a new division called AMP Advice, AMP stated.

The division will be led by Steve Helmich, now director, advice network and client solutions, and Andrew Waddell, who will each report directly to AMP Financial Services managing director Craig Meller.

All changes are expected to formally take effect in the first quarter 2013, while the appointment of a new director of Horizons is expected to be announced shortly, AMP stated.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

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

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 21 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5