FSC appoints new CEO
Former journalist, radio presenter and public affairs executive, Sally Loane has been appointed to succeed John Brogden as chief executive of the Financial Services Council.
Brogden announced his departure from the FSC earlier this year and will take up a new role as chief executive of the Australian Institute of Company Directors in January.
Loane’s appointment was confirmed by FSC chairman, Greg Cooper, this week and he specifically referenced her experience in media and corporate reputation.
“Her skills and experience will be critical as financial services moves from an era of the most significant changes in regulation and legislation in its history to its next phase of being an export and growth industry for Australia,” he said.
Loane has worked within both the ABC and newspapers and was most recently in charge of public affairs at Coca Cola Amatil.
Recommended for you
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.
With just 30 per cent of Australians knowing their superannuation balance to the nearest $1,000, Findex has emphasised the role of financial advice in addressing the critical super knowledge gap.
New Insignia Financial CEO Scott Hartley has detailed the impact of the Godfrey Pembroke exit and the progress in resetting its financial advice model on its latest quarterly results.