Nunn to lead push into IFA market
Richard Nunn has assumed the role of general manager of IOOF's retail funds management division.
Formerly business manager of AXA Asia Pacific’s international operations, he is expected to drive IOOF’s growth in the independent financial planner market.
A long-time AXA senior staffer, he has also held the positions of national retail sales manager and head of adviser services. Richard was also a director of the Summit master trust and other AXA subsidiaries.
Several other senior appointments have been announced in retail funds management.
Mark Knight is heading up distribution, having previously been national account manager. Mark has more than 10 years experience in funds management (including Norwich, County and National Financial Management) and will be responsible for building and developing relationships with national dealer groups, master trusts and research houses.
Tony Pignata is responsible for strategic marketing and brand communication targeting both investors and financial advisers. Tony previously held senior marketing positions with National Australia Bank and most recently as national marketing and sales manager, distribution, with AXA Australia.
Darren Booth is another recent addition to the team. He joins IOOF to head up retail operations after almost 10 years with SMF Funds Management. His most recent role was as national retail operations and product manager.
Recommended for you
The popularity of ETFs, which are approaching $200 billion in Australia, is a potential threat to the advice landscape if consumers opt to invest directly, according to this senior partner.
A former AMP financial adviser has urged advisers in the BOLR class action against AMP to object to the “unfair and unreasonable” $100 million settlement sum as the objection deadline approaches on 22 May.
Two Victoria-based financial advice practices have merged and rebranded as Forbes Fava Saville Financial Planning, as the firm realises the benefits of added scale.
The Financial Services and Credit Panel has made its latest ruling over a case involving an incorrect Statement of Advice.