Aust Unity shrugs off staff losses
Australian Unity is shrugging off the loss of its NSW state manager, a BDM in Queensland and its well-respected property expert, Paul Noonan, who was responsible for property securities and the healthcare property fund.
The three departures have occurred in the past couple of weeks and managing director Mark Sibree says they were all unrelated.
"Our business development manager Greg Fuzi was poached by a rival, NSW state manager John Carnohan has resigned, as has Paul Noonan," Sibree says.
"It was a bit of a loss to lose Paul, but we have recruited a replacement from within the property management industry."
Sibree says the property team is now back to full strength, headed by the recently appointed Tory Richards.
Australian Unity is also looking to build business development teams for its general insurance business.
Sibree confirmed the company was looking for business development staff to cover the Queensland, New South Wales and Victorian markets as this side of the business continues to grow.
Recommended for you
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.
Global equity manager Orbis Investments has appointed a head of marketing from Capital Group as it becomes the latest manager to target advised retail investors.
While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and the impact of the gender imbalance in the industry.
ETF provider Betashares has launched a global bond ETF as investors pour billions into cash and fixed income ETFs.
