IOOF appoints new national sales manager



Financial services house IOOF has appointed a new national sales manager working into the advice market.
The company announced that it had appointed Daniel Dalton to the position of National Sales Manager, Investments, with responsibility for leading the distribution of IOOF's MultiMix investment funds and WealthBuilder Investment Bonds to the advice market.
The company's announcement said Dalton had been recruited from BT Financial group and brought with him a strong and diverse background in financial services, having gained experience in roles spanning practice management, platform and investment sales, and key account management.
Commenting on the appointment, IOOF general manager, distribution, Renato Mota said he believed Dalton brought with him a strong understanding of the needs of advisers and dealer groups.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.