The AIOFP has appointed Barbara Ryland as its new manager of industry fund services.
"We are delighted to have someone of Ms Ryland's calibre and experience working with us to manage the increasing needs and interests of industry funds and their members," said AIOFP executive director Peter Johnston.
According to a statement, Ms Ryland was previously the chief executive of Local Super SA-NT and held managerial roles for the Superannuation Trust of Australia and ExxonMobil Superannuation Plan.
More recently, she established her own consultancy working with clients on an independent basis.
Mr Johnston further added that the introduction of FOFA and the elimination of specific conflicts of interest had injected some much-needed confidence in the advice industry that the best interests of members are being taken into account.
"All funds need to satisfy APRA in showing they can efficiently service their members, and a workable financial advice solution is a key aspect of such a service," he said.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 15 Aug 2018CFS ‘retained’ adviser commissions: RCBy Killian Plastow and Tim Stewart
- 15 Aug 2018Suncorp urged advisers to maintain commissionsBy Jessica Yun
- 15 Aug 2018Hostplus spent $260,000 on tennis ticketsBy Tim Stewart
- 14 Aug 2018RC challenges NAB on ASIC interactionsBy Killian Plastow
- 14 Aug 2018Judgement issued in DomaCom SMSF appealBy Miranda Brownlee
- 14 Aug 2018Hub24 agrees to distribute Challenger annuitiesBy Reporter
- view all