MyState loses CFO



Tasmanian-based diversified financial services group, MyState Limited, has begun the search for a new Chief Financial Officer after announcing the looming departure of current incumbent, Paul Viney.
The company announced to the Australian Securities Exchange today that Viney would be leaving the organisation at the end of April after having been integral to the merger of MyState Financial and Tasmanian Perpetual Trustees and then the acquisition of Queensland building society, the Rock.
MyState managing director, John Gilbert said it was intended to announce a replacement for Viney before his departure from the company.
Recommended for you
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.