MLC poaches three more from AXA
Three more AXA executives have moved over to MLC's retirement solutions team, which has grown to 10 members since its establishment in February 2011.
Shaune Egan, Stuart McGregor and Joachim Lumbroso have been welcomed to MLC by their former AXA colleague and current head of the team, Andrew Barnett.
Egan's most recent role was AXA head of integration - sales, marketing and advice stream, but he was also closely involved in the development of AXA's suite of investment and retirement products.
He has been appointed MLC retirement solutions head of segment management.
McGregor, who will manage pricing and risk analysis at MLC, came from a similar role at AXA North.
Their colleague Lumbroso has moved from his Singapore-based role as head of hedging services Asia, where he specialised in managing long-term guaranteed products such as variable annuities. He will manage hedging and risk reporting at MLC retirement solutions.
Of the 10 members of the team, eight were recruited from AXA not long after the company's merger with AMP was finalised.
Recommended for you
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
