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
- 20 Oct 2017Parliamentary insurance group formedBy Staff Reporter
- 20 Oct 2017Treasurer introduces BEAR legislationBy Aleks Vickovich
- 20 Oct 2017Westpac to refund $65m to customersBy Annie Kane
- 20 Oct 2017Survey tips independent takeoverBy Aleks Vickovich and Jessica Yun
- 18 Oct 2017AFA suffers budget blowoutBy Killian Plastow
- 18 Oct 2017ISA ups ante on governance lobbyingBy Aleks Vickovich
- view all