FPSA signals plans for growth
Dealer group Financial Planning Services Australia (FPSA) has announced a restructure of its executive team ahead of plans to grow its advice and distribution proposition.
The first of these appointments is Peter Hall, who will join the group as national manager risk and compliance, focusing on growth and governance. He has had 15 years experience in risk and compliance across four major institutions.
FPSA has also appointed a national practice manager, national operations manager and general manager of the employed channel Bridgeport Financial Services.
The announcement follows the appointment of general manager Simon Micallef in November last year and the subsequent relocation of FPSA's head office operations to Sydney, which will ensure the group leverages the synergies that exist between Pathway Licensee Services and Bridgeport, FPSA stated.
"The new executive team will embark upon a review of business operations to enhance the business model with a view to growing our adviser footprint and providing better services to our existing network," Micallef said.
He said FPSA is in a unique position because it is privately-owned by one Australia's largest wealth management groups.
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.