Tower Australia resets new business team
Tower Australia has appointed two new members to its risk new business team as part of the company’s strategy to improve its service to financial advisers.
With more than 16 years of experience in the life insurance industry, Jason Scott has joined Tower as national fulfilment manager for retail life.
Helen Molloy, who was involved in the development and establishment of Accelerate and Accelerated online protection, will assume the role of chief underwriter for retail life.
Head of customer service and operations for retail life at Tower, Luke Banfield, said the new team signalled a shift in direction for the risk new business team at the company.
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.