PIS appoints first head of risk

professional investment services PIS

15 March 2011
| By Milana Pokrajac |
image
image
expand image

Professional Investment Services (PIS) has announced the appointment of Mark Stubbings (pictured) as first head of risk – a newly created position within the group’s senior ranks.

Risk currently forms 40 per cent of PIS’s advice revenue and Stubbings would focus on continuing the growth, the company said.

Stubbings would manage the alignment of relevant resources within the greater PIS business (professional standards and advice revenue) and launch a series of new risk initiatives including the creation of the Business Insurance & Estate Planning Academy.

Stubbings was internally promoted, previously holding risk distribution and advice roles within PIS.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Random

What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...

1 day 1 hour ago
JOHN GILLIES

The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...

1 day 23 hours ago
JOHN GILLIES

How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...

1 day 23 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 4 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 4 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND