Count’s Lane moves to Perpetual



Count Financial chief executive, David Lane has been appointed as Group Executive, Perpetual Investments.
Perpetual announced the appointment today, stating Lane would take up his position effective 10 April.
The appointment was confirmed by Perpetual chief executive, Geoff Lloyd who described Lane as having an impressive depth and breadth of experience across asset management, investment banking and all aspects of wealth management.
Prior to joining Count, Lane was CBA's General Manager of Strategic Development in the Wealth Management Division which included CBA's asset management, platform, advice and insurance businesses.
Recommended for you
ASIC believes advice licensees are the “first line of defence” when it comes to future product failures and is urging them to monitor their approved product lists.
Assistant Treasurer, Daniel Mulino, is keen to progress the second tranche of DBFO reforms, acknowledging it is hard for advisers to get the full picture of the legislation without both parts.
A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time this is believed to have occurred.
Pinnacle Investment Management has made a strategic investment in private capital investment firm FinCap to support a new managed accounts platform.