Klipin to depart AFA
Association of Financial Advisers (AFA) chief executive Richard Klipin is to depart the organisation to take up a role with ANZ Wealth.
Klipin confirmed his departure to Money Management today, saying he would be departing the organisation after seven years in February.
Immediate past president of the AFA, Brad Fox, will step in as interim CEO.
Recommended for you
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
Adviser exits have reported their biggest loss since June this week, according to Padua Wealth Data, kicking off what is set to be a difficult December for the industry.
Financial advisers often find themselves taking on the dual role of adviser and business owner but a managing director has suggested this leads only to subpar outcomes.
Allianz Retire+ has appointed two individuals to support financial advisers as the firm seeks to expand its presence in the wealth management space.
