LifePlan creates new national BDM position
Lifeplan Funds Management has reacted to increased adviser demand for investments bonds by creating a new position - national business development manager.
The company announced this week that, in doing so, it had promoted Greg Bird to the role from his current position as business development manager, Victoria.Tasmania.
Prior to joining Lifeplan, Bird was advice quality manger with Colonial First State and was also a senior financial planner with Commonwealth Financial Planning for 11 years. He holds a diploma of Financial Planning.
Commenting on the appointment, LifePlan head of specialist product sakes, Derek Emery growth within the team was a reflection of the re-emergence of interest from financial planning groups and advisers in the use of investment bonds as they strive for quality of advice outcomes for their clients
“For many advisers, this has been a forgotten tax structure until recently, and for others it is a brand new opportunity opening up alternative solutions for clients,” he said. “Greg’s appointment increases the experience and depth of the leadership team within Lifeplan Funds Management and provides additional technical and sales support to the BDM team.”
Bird will continue to work with key relationships within the Victorian market that have been established over recent years, as recruitment for a Victorian BDM takes place.
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.
