Industry Funds Financial Planning (IFFP) has hired Tony Clarke as national practice Manager for operations.
Industry Funds Financial Planning (IFFP) has hired Tony Clarke as national practice Manager for operations.
Clarke will be responsible for staff, budget and the financial management of IFFP.
IFFP has tripled in size in the past three years.
The firm manages about $500 million a year in funds under advice.
IFFP works on a fee-for-service model and services 31 industry superannuation funds. In July 2006, the company was absorbed into Members Equity Bank as part of a $26 billion merger between its parent, Industry Funds Services, and Members Equity.
In Part 2 of our exclusive series, we ask leading names to nominate their best investments, the most effective industry group and the importance of platforms.
A former colleague of mine once offered the opinion that industry superannuation funds are reconstructed socialists - despite their union influence, these funds have grown and benefited from a global capitalist world.... read more »
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