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RI appoints ex-BT as manager

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By Rachael Micallef
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2 minute read

RI Advice Group has appointed ex-BT Financial Group senior manager David Hunt as manager, northern region to drive growth opportunities as the industry readies for the Future of Financial Advice (FOFA) reforms.

In his new role, Mr Hunt will lead the team supporting RI practices in NSW, ACT, QLD and NT and build on practices from the dealer group's new Future of Financial Advice (FOFA) compliant terms.

"We look forward to David making a significant impact to practices, particular in driving business growth via the opportunities opened up for quality advisers by FOFA reforms, " RI chief executive Paul Campbell said.

"This appointment forms part of our continued focus and commitment to business growth across RI's practices."

The ANZ-owned group restructured its practice agreements earlier this year to cater for the regulatory changes found in the government's FOFA reforms.

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The terms gave advisers a choice of new business models and were designed to provide a competitive advantage in the changing financial market.

Mr Hunt said that RI's new agreements and the high quality of their resources formed part of his decision to join the dealer group.

"RI's terms are extremely attractive for advisers want to meet their full potential and deliver great value to clients," he said.

"I'm delighted to join RI and look forward to helping advisers to grow the top and bottom lines of their businesses."