Synchron makes new internal appointment
Financial advice company, Synchron, has announced the appointment of Phil Osborne as the group’s new General Manager, Compliance, after working as a Compliance Consultant with Synchron since July 2021.
Osborne has held several previous roles with financial services businesses, including Lifestyle Asset Management, the SMSF Advisers Network and Interprac Financial Planning.
He first entered the financial advice industry through roles at AMP and Hillross Financial Services, and has experience as a director and responsible manager for several financial services licensees.
“Phil has over 30 years’ experience in financial services and, having also previously managed financial planning practices and provided financial advice himself, has an exceptional understanding of the demands on financial advisers and the vital role they play in helping ordinary Australians take control of their financial affairs,” Don Trapnell, Synchron Director, said.
In his new role, Osborne will report directly to the Synchron Board and lead a compliance team that includes Alison Massey, Head of Compliance – Advice Assurance. He will also work closely with Hanna Abdullah, Head of Compliance – Policy and Regulatory.
Osborne has Masters’ qualifications in Commerce (majoring in financial planning) and Law (majoring in enterprise governance), and holds the Certified Financial Planner (CFP) accreditation.
Of course, can’t expect APRA or ASIC to actually really do anything against Industry / Union / Bikkie Super Funds.…
It's quite easy to charge way less than this and remain profitable and compliant. If clients have simple requirements then…
That average fee looks fine. I only asked because I have seen examples (not in the main) of advisers charging…
I struggle to understand this concept at all as these clients have choice and they don't deserve to be discarded…
I'd start by looking at your target profit margin, what your profit is now and what you need to charge…