IOOF names new SFG CEO
IOOF has named a new chief executive for Shadforth Financial Group.
The company announced today that it had recruited News Corp Australia general manager, Angus Benbow to the role.
It noted that Benbow had previously held positions at Perpetual where he was focused on high net worth clients.
Confirming the appointment, IOOF managing director, Chris Kelaher said he believed Benbow would bring experience in financial services, business strategy and general leadership.
Kelaher paid tribute to the strong contribution of previous CEO Nick Bedding who left SFG in late August for a career break after seven years at the company.
Recommended for you
With the highest number of candidates in a year sitting the latest financial advice exam, a surge of new entrants are expected in the coming weeks, according to Wealth Data.
AMP has launched a range of five diversified index managed portfolios on its North investment platform, targeting a younger client demographic.
An NSW adviser, who advised over 120 clients after falsifying her financial advice exam results, has been permanently banned by ASIC.
ASIC has released the results from the latest financial adviser exam, the first to be run since changes to its structure earlier this year.
