Neil Younger moves to ANZ



Financial planning executive Neil Younger will make a move to ANZ Wealth next month to head up practice-based financial planning, the banking group has announced.
Younger will make the move to ANZ following a brief career as general manager of Commonwealth Financial Planning and several executive roles held previously at BT Financial Group.
In his new role, Younger will assist ANZ Wealth's licensees (RI Advice, Financial Services Partners and Millennium3) on their way through the impending Future of Financial Advice (FOFA) reforms.
"I've worked for a considerable amount of time in both the IFA world and now the banking channel, so I understand FOFA and its impact and I'll continue to build on the work that's been done, but will also ensure the business is best placed to what will be a considerably changed environment," Younger said.
In its full-year results released last week, ANZ has announced plans for significant growth of its relatively new wealth division, following a tough year.
Neil Younger will start his new role on 5 December and will work closely with head of ANZ Wealth, Paul Barrett, who had also made a move from CBA.
Younger has been very active in the financial services industry, having sat on the Financial Services Council Financial Advisory Network Board and the Financial Planning Association Future of Financial Planner Committee.
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.