IMCA australia names Goodlad new chief executive

IMCA australia has named the former head of State Street Global Advisors’ Australian arm, Robert Goodlad, its new chief executive.

Goodlad, who has worked in the Australian financial services and banking industry for 35 years, will be charged with taking the association in a new direction, outgoing IMCA chair Brett Elvish said.

“Rob’s breadth of experience will be central to successfully working with our certificants, our members, and the industry to continue to take the association forward,” Elvish said.

At its recent conference, Elvish said IMCA australia had undertaken a strategic review, which will result in a rebranding, to the CIMA Society of Australia, in 2018. Elvish also announced he would be stepping down as chair.

Goodlad stressed he has a strong commitment to facilitating robust standards for financial planners and investment professionals.

“I have always worked in an environment with very high fiduciary standards, where investment research and education training were at the core of our business platform,” he said.

Conexus Financial, the publisher of Professional Planner and Investment Magazine, is the official media partner of IMCA australia.

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Licensees barred from new class of adviser under revived DBFO reforms

Licensees barred from new class of adviser under revived DBFO reforms

Only APRA-regulated super funds and insurers will be allowed to employ the new class of adviser in a policy backflip by the government. But other reforms announced by Minister for Financial Services Daniel Mulino on Wednesday will revamp the Compensation Scheme of Last Resort, crack down on lead generation services and improve access to safe and reliable financial advice.

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