Redundancies as ClearView/Centrepoint transaction beds down
Around 10 redundancies have resulted within the ClearView financial planning business including that of general manager Licensee Services, Todd Kardash.
Financial Newswire has confirmed the redundancies which are a flow through from the August transaction which saw the ClearView advice business being acquired by publicly-listed Centrepoint Alliance.
It is understood that the redundancies are result of a review of the requirements of the merged businesses.
The transaction saw ClearView effectively exiting the financial advice business while picking up a strategic 25% stake in Centrepoint.
Jonsey & ALP totally screwed Advisers leaving MIS out of CSLR. Canberra collectively have blamed Advisers for 25 years for…
Yep would seem APRA have not heard of a Cashout and Recontribution strategy ??????????
Is it not a cost of completing the transaction? Why should it be removed from any analysis, applicable govt charges…
Misleading figures. We’d have millions and millions removed in our client base with LS. Almost 100% came straight back in…
Financial planners, you know exactly what will happen next. Get your wallets out- Cslr bill coming your way!