Helmich lands distribution top job
Steve Helmich has been named as head of distribution in the wake of the departure of Neil Swindells who resigned from AMP to go to AXA a fortnight ago.
Steve Helmich has been named as head of distribution in the wake of the departure of Neil Swindells who resigned from AMP to go to AXA a fortnight ago.
The AMP Financial Planning managing director and member of the FPA board will take on the role of head of advice and services, which will give him responsi-bility for all of AMP’s advice led channels as well as services for external financial planners.
Helmich joined Australia’s largest dealer group in 1995. AMP Financial Services managing director Andrew Mohl says that since Helmich signed on, AMP Finan-cial Planning’s new business has increased 40 per cent and operational expenses have been cut in half.
Helmich took up a seat on the Financial Planning Association’s board at the end of last year to replace Colin Scully as the representative for large dealer group princi-pals.
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.
