Lynda Cross will take on the role of head of advice at industry fund Cbus. Ms Cross previously spent 16 years at Mercer in a variety of roles, including scaled advice leader and team leader for strategic financial advice.
“Recognising the increasing importance of advice for members, Cbus is delighted to confirm Lynda’s appointment as Head of Advice, which will play a critical role in developing and managing member experience at key points where advice is important,” said Marianne Walker, group executive for member and employer experience.
Ms Cross’ has also held the role of manager for advice and education and was a senior financial analyst at Shroogal.
“I’m thrilled to start my new role as head of advice for Cbus. What a privilege to be appointed to lead this vital service at such an amazing fund,” Ms Cross said.
Compare the Pair – Industry Super spend 20 years beating the crap out of Advisers and Commissions.
NOW INDUSTRY SUPER CONTINUE EXPAND THEIR GENERAL & INTRA FUND ADVISER / SALES NETWORKS.
All Vertically Integrated, single product, no BID, no FARSEA, no AFSL compliance.
[b]PRODUCT FLOG SALES ALL PAID FOR BY COMMISSIONS = HIDDEN COMMISSIONS via extra Admin Fees. [/b]
Compare the Pair = Disgusting Hidden Commissions = massive Hidden Commissions for No Service.
OH THE hypocrisy, BUT ALL GOOD HEY ASIC AND INDUSTRY SUPER – Seriously what a joke of an Industry.
Obviously gearing up for the open slather ASIC is about to hand their internal sales/customer retention staff under the guise of financial advice. Like other industry funds, CBUS does not give a stuff about the ‘importance of advice for members’. They do everything they can to block their members from accessing independent financial advice. IFA should remember what that acronym stands for and avoid publishing this sort of nonsense