Search continues for InvestorWeb Chairman
InvestorWeb are continuing the search for a new Non-Executive chairman for its Board of Directors, following the resignation of Christopher Grubb last month.
InvestorWeb chief executive and current acting chairman Otto Buttula says the search has not been particularly active as the group is also looking at a restructure of the entire board and discussions are still being held.
"We've had plenty of interest from some very esteemed individuals, but we are also looking at the board restructure and we want to be sure to place the right person," he says.
Christopher Grubb, who is still a major shareholder of InvestorWeb Limited (IWL), stepped down to increase involvement in other business opportunties.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
