AIOFP appoints new directors
The Association of Independently Owned Financial Planners (AIOFP) has appointed two new directors to its board.
John Ardino is the managing director of Lifespan Financial Planning, which has 130 authorised representatives across 110 offices.
Dennis Maddern is the president of Melbourne-based Maddern Financial Advisers, which was established in 2003 and has around 2,000 clients.
Maddern has been an AIOFP member for three years and Ardino for four years, during that time operating their practices under the AIOFP banner. The appointments are additions to the existing board rather than replacements, according to an AIOFP spokesperson.
The other members of the AIOFP board are Tony Siragusa of Money Guidance, Ben Jayaweera of Growth Plus Financial Group and the association’s executive director, Peter Johnston.
The association indicated it would be meeting with Minister for Financial Services and Superannuation, Bill Shorten, on 4 November to articulate the views of its membership on topics such as transparency in advertising, loss leading practice strategies by institutions, independent trustee/responsible entity functions and conflicted research house business models.
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