PIS appoints first head of risk

professional-investment-services/PIS/

15 March 2011
| By Milana Pokrajac |
image
image
expand image

Professional Investment Services (PIS) has announced the appointment of Mark Stubbings (pictured) as first head of risk – a newly created position within the group’s senior ranks.

Risk currently forms 40 per cent of PIS’s advice revenue and Stubbings would focus on continuing the growth, the company said.

Stubbings would manage the alignment of relevant resources within the greater PIS business (professional standards and advice revenue) and launch a series of new risk initiatives including the creation of the Business Insurance & Estate Planning Academy.

Stubbings was internally promoted, previously holding risk distribution and advice roles within PIS.

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