Former IOOF head to front HESTA advice arm
Industry fund HESTA has appointed a former IOOF practice management head to lead its advice and education function.
Josh Parisotto joined the HESTA executive team as chief advice officer on 13 January, according to a statement.
He joins from VicSuper where he was executive manager of distribution and replaces his predecessor Matt Halpin.
HESTA chief executive Debby Blakey said Mr Parisotto’s extensive experience in financial services would help deliver strong outcomes for members.
“Our advice and education services are vital to supporting our members make a real difference to their financial future and Josh will bring unique insight and experience to help us take this to the next level,” Ms Blakey said.
“We have educators and advisers across Australia to provide help and guidance that’s relevant, timely and tailored to our members’ personal needs.
“Josh joins HESTA as we continue to deliver on our ambitious program to enhance our ability to deliver advice and education to more HESTA members via their channel of choice, be that digital, phone or face-to-face.”
Perpetual profit sunk by $1.5bn outflows
Perpetual’s profit has fallen, with lower performance revenue and $1.5 billion...
IOOF results ‘an anomaly’: Morningstar
IOOF’s plunging profits are an isolated occurrence and the royal commission ha...
Conflicts of interest broader than product providers
Advisers need to consider managing conflicts of interest not just with product p...