Energy Super has appointed its first Townsville-based financial adviser after it saw growing demand for financial advice in northern Queensland.
Townsville financial adviser John McFaull will join the super fund and provide advice to super member and other ESI Financial Services clients in north and far north Queensland regions.
Energy Super CEO Robyn Petrou said the fund will not work on grandfathered commission and will give product-agnostic advice.
Petrou added McFaull will mostly be based in Townsville but will travel frequently to Cairns and regional centres like Ingham or Mt Isa when needed.
McFaull has worked as a financial adviser for more than seven years, most recently at Westpac.
He has also worked in communications, focusing on client services, sales and marketing.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.