BT Financial Group has announced a number of key appointments reflecting the hierarchy to exist in its combined wealth management business formed by the merger of Westpac Banking Group and St George Bank.
The appointments have been made in the advice and private banking, insurance, and superannuation and investment solutions businesses and follow the recent announcements of general managers across the group.
Chris Freeman has been named head of BT wrap, Wayne Wilson has been named head of St George Business Solutions (including Asgard), Neil Younger is to be head of dealer groups and licensee select (including Magnitude and Securitor), and Phil Hay will be head of life insurance.
Brendan Tobin will head general insurance, Charles Holland will head group insurance and Peter Morgan will head lenders mortgage insurance.
Dean Thomas will lead the transformation and integration program for BT and St George’s superannuation and investment businesses.
The appointments take effect immediately.
Australia’s superannuation leaders gathered in Melbourne on Thursday for a closed-door forum tackling the escalating impact of artificial intelligence and shifting retirement income models on the sector.
The Treasurer has shown no signs of wavering on the construction of the controversial tax, while Liberal senator Jane Hume has urged the new economics team to “speak sense” to Jim Chalmers.
Volatile markets driven by shifting US tariff policy failed to rattle Australia’s superannuation system in April, with balanced options inching upward.
ASFA has urged greater transparency and fairness in the way superannuation levies are set and spent.