IFSA restructures with general manager
TheInvestment & Financial Services Association (IFSA)has restructured its marketing and administration division, appointing marketing and communications senior manager Sharon Fonti to the position of general manager.
In the newly created position, Fonti will retain her marketing and communication duties as well as taking on the expanded role of responsibility for IFSA’s administration, IT and general resources teams.
“We looked at the structure [of the association] after four years and decided to reorganise for more effective co-ordination of resources to deal with our membership,” Fonti says.
The administration team, comprising of assistant policy officers and membership co-ordinations will report to Fonti, while Fonti will continue to report to IFSA chief executive Lynn Ralph.
The appointment follows IFSA’s announcement of an in-principle agreement to merge with the Australian Retirement Incomes Streams Association (ARISA).
The merger is expected to be given the green light on June 4 when members of ARISA will vote at a special general meeting.
Fonti’s promotion to general manager comes as she reaches three years with the association.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.