Centrepoint/PIH and Bennetts part ways
The founder and former chief executive of Professional Investment Holdings (PIH) has formally parted ways with the group, with parent company Centrepoint Alliance announcing it would be ending the two-days-per-week consultancy agreement it has with Robbie Bennetts.
Bennetts stepped aside from his executive role early last year, and the group formalised a merger with Centrepoint later in 2010.
Since ending his full-time employment with PIH, Bennetts had been employed by Centrepoint as a consultant for two days a week to support PIH Group conferences and develop new business opportunities, according to Centrepoint.
The Centrepoint board has elected to conclude its consultancy agreement with Bennetts, Centrepoint stated.
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.
