The head of dealer groups for BT Financial Group, Neil Younger, has resigned and will be replaced by Matt Englund. Younger has joined Commonwealth Financial Planning, where he will be general manager.
BT’s general manager of advice, Mark Spiers, announced Younger’s departure and Englund’s appointment this morning. No reason was given for Younger’s departure.
Englund takes up his new role immediately, having previously led BT’s practice management team.
Spiers said Englund had “led our program of work to respond to the Future of Financial Advice reforms and provided valued input into our discussions with Government on a number of key regulatory proposals”.
Commonwealth boasts almost 700 financial planners. Younger will take up his new role next month.
Colonial First State’s general manager of advice business, Paul Barrett, said Younger had “significant experience and a deep understanding of what will be required of successful financial planning firms in the future”.