The general manager of Commonwealth Financial Planning, David McKay, is to depart the company.
Commonwealth Financial Planning has confirmed McKay’s departure and that it has initiated a recruitment process to find a replacement.
It said that McKay would remain as part of a transition period and hand-over.
His departure comes as the organisation restructures with the result that the three so-called ‘Centres of Excellence’ will sit outside the operation.
At the same time, the ‘Advice Academy’ centre will become the ‘Advice Institute’.
