AFA shuffles board


Dennis Bateman
A new board of directors was elected to the Association of Financial Advisers (AFA) last week during its 60th annual conference in Sydney.
Dennis Bateman, who took over as the AFA’s new president, said: “I am please to be taking over as president of the AFA at this time as the AFA is growing and is participating vigorously in the national debate on superannuation and adviser issues.”
Paul Riegelhuth is now national vice-president and Mark Hawes is national treasurer.
Jim Taggart takes over as NSW/ACT director, Gerry Porter is Queensland director and Kerry Sharp is Victorian director.
Craig Yates is Tasmanian director, Michael Harrison is director of South Australia/Northern Territory and Allan Downs is Western Australia director.
“Our new board has a good mix of experienced directors and new members seeking to offer ideas and expertise,” Bateman said.
The national conference is a key part of the AFA’s agenda, this year attracting over 400 delegates.
Bateman pointed out that many of this year’s delegates were under 40 years of age, expressing his delight at this achievement, with the development of ‘Generation Next’ a key goal of the AFA.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.