Thornhill leaves MLC

dealer-groups/

25 May 2000
| By Julie Bennett |

After five years with MLC, former adviser relations general manager Peter Thornhill has ventured out into the wild world of professional speaking.

Thornhill says his decision to leave MLC was based on the simple desire to go his own way.

After five years with MLC, former adviser relations general manager Peter Thornhill has ventured out into the wild world of professional speaking.

Thornhill says his decision to leave MLC was based on the simple desire to go his own way.

“I just wanted to do what I wanted to do,” he says. “After 35 years of being an employee, I decided I wanted to go out on my own. The parting with MLC was completely amicable and there are no hard feelings on either side.”

The public speaking and presentation experience Thornhill gained at MLC has helped him move with confidence onto the speaker platform.

“MLC gave me opportunities I had never had before — they have been very supportive.”

Thornhill plans to launch himself at venues both within and outside the industry.

“I’m consulting to the industry and to other organisations. So I’m working with dealer groups but I’m also still working with MLC, promoting their Income Builder product which was actually born with me and which epitomises my philosophy towards growing wealth.”

Thornhill says his role is to make people aware of the things he thinks influence their behaviour — and then turn them back to planners for advice.

“One obvious example is I talk about the attitudinal differences between men and women. Women’s life skills are better — and that’s because men spend 45 years finetuning a career — that’s where their focus is,” he says.

“I also try to get people to think about longevity — we are all walking around thinking we’re going to die tomorrow — and the truth is, we’re not. We are all going to live a very long time. All of these issues have an impact on how people invest. I raise them, give them food for thought, then pass them back to financial planners for individual advice.”

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 2 days 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