Two more depart Professional Investment Services

professional-investment-services/ASIC/investments-commission/australian-securities-and-investments-commission/money-management/PIS/

21 May 2012
| By Staff |
image
image
expand image

Professional Investment Services (PIS) has confirmed to Money Management the departure of chief information officer Len Sanders and the resignation of ASIC concern leader Kelly Hinton amid a number of senior executive departures at the group in the last few months.

Sanders had only recently replaced the group's former chief information officer Shannon Overs, who left PIS in March to join consultancy business Robbie Bennetts Enterprises.

Hinton had been overseeing the final phase of the enforceable undertaking the company had entered into with the Australian Securities and Investments Commission last year, following concerns regarding PIS' ability to meet its obligations as a financial services provider.

The announcement from PIS also follows the departure of general manager Grahame Evans earlier this month.

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?...

2 months ago

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

2 months ago

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

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS