Kennedy confirmed as TFSA CEO
Wholly-owned Countplus subsidiary, Total Financial Solutions Australia has confirmed Andrew Kennedy in the role of chief executive.
Kennedy had been acting chief executive and his permanent appointment was announced to the Australian Securities Exchange (ASX) today by Countplus chief executive, Matthew Rowe.
He said Kennedy would lead the business towards capturing strong market momentum behind high-quality licensees offering a natural home to professional and ethical financial advice in Australia.
Recommended for you
Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
ASIC has cancelled the AFSL of Sydney-based Arrumar Private after it failed to comply with the conditions of its licence.
Two investment advisory research houses have announced a merger to form a combined entity under the name Delta Portfolios.
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
