Australian Unity Personal Financial Services head of advice Paul Harding-Davis has confirmed he is set to step down from his role in October, with the company to work on a restructure over the next couple of months.
Speaking to ifa, Mr Harding-Davis, who is also chief executive of Premium Wealth Management, said he is leaving to focus on family.
He added, however, that he plans one day to return to the industry.
"Fundamentally, the role involves me being away three nights a week in Melbourne and I have several members of my family dealing with some health challenges," he said.
"Eventually, I want to get a slightly more balanced role."
As for his replacement, Mr Harding-Davis said it is too early to tell, although Australian Unity PFS chief executive Steve Davis is expected to continue working on the structure.
Mr Harding-Davis has been head of advice at Australian Unity since December 2014, and CEO of Premium since April 2011, according to his LinkedIn profile.
He previously held roles at Australian Ethical Investment, Absolute Capital, Glebe Asset Management and Zurich Financial Services.
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