Australian Unity appoints trustee GM

Australian Unity's newly-formed trustee business is welcoming the appointment of a general manager.

The internal promotion sees Emma Sakellaris take the top role. She will be responsible for developing the business building a specialist, client-focused team to provide services including estate planning; executor appointments and estate administration; financial attorney; financial and legal administration; and the establishment and management of personal, native title, community and charitable trusts for all Australians.

As part of the team building, Sakellaris has appointed Anna Hacker as national manager, estate planning at Australian Unity Trustees.

Sakellaris joined Australian Unity in 2016 and has more than a decade's experience in the financial services industry.  She previously held a number of senior positions within the industry, including at Equity Trustees and ANZ Trustees.

Hacker started her career as a solicitor with Moores Legal before transitioning into a number of senior leadership roles within the trustee industry, including at Equity Trustees. She has considerable experience in the field of elder law, estate planning and succession law and has assisted a diverse range of clients and their families to establish structures to protect and manage their assets.

"Traditionally, trustee companies have focused on providing services to the wealthy but Australian Unity Trustees has recognised that there is a growing need for trustee services amongst middle income Australians, particularly as the population ages," Sakellaris said.

"An important part of my role will be to ensure we continue to build a high calibre team who can provide an exceptional and caring client experience, including expert support and advice to Australians as they seek to make important decisions about their life and financial affairs, and to protect and care for clients and their families."

Australian Unity group managing director Rohan Mead said there is an increasing need for estate planning and trustee services for middle income Australians as the population ages and as issues such as dementia and blended families become more prevalent.

"Historically, these kinds of services have only been available to the wealthy, with most trustee companies focusing on high net worth families; however Australian Unity has recently launched Australian Unity Trustees, a trustee company that will offer these services to all Australians," Mead said.

The new trustee business forms part of Australian Unity's Personal Financial Services group, which provides strategic financial advice, finance broking and risk broking. It is the first traditional trustee financial services licence issued this century, and the first issued since the establishment of a national licensing framework for traditional trustee activities.

Read more: AustraliansAustralian Unity TrusteesEquity TrusteesAnna HackerANZ TrusteesEmma SakellarisGMHistoricallyMoores LegalPersonal Financial ServicesRohan Mead
Editor's Choice
EMMA RAPAPORT
The Productivity Commission has released its anticipated draft report on alternative default models in superannuation, looking at ways to introduce more competition in a system where members do not exercise fund choice.
JAMIE WILLIAMSON
Following research into the future of product innovation and development, Nikko Asset Management Australia has created a new executive role to drive the firm's product agenda.
EMMA RAPAPORT
New-York based financial firm Goldman Sachs is planning to launch an ETF which will invest in high-yield corporate debt, according to documents filed with the US Securities and Exchange Commission.
ALEX BURKE
Two Contango MicroCap (CTN) directors were removed following an extraordinary general meeting and a third resigned prior to resolutions being passed.
Videos
Brought to you by
8 FEB 2017
This year marks the 23rd anniversary of the launch of Hunter Hall's Value Growth Trust, a fund that championed ethically-screened global equities investing in Australia. Since then, the fund manager has ...
Get it Daily
Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.
SUBSCRIBE
Products
Pocket investment guides featuring adviser case studies and a glossary.
Investing trends and strategies from the industry’s thought leaders.
Putting the spotlight on investment products that matter.
Expert Feed
Christopher Page
FS ADVICE
A new era
After years of back and forth, the legislation to increase the professional standards of financial advisers has been passed. The new ...
Stephen Fay
FS SUPER
Starting at the insurance base camp with focus on value
Insurance can be a complex beast, but in a period where its reputation may be strained it is all the more important to talk of some ...
Christopher Page
FS PRIVATE WEALTH
Redefining the family office
While the family office model has traditionally been the preserve of the ultra-rich, this may be changing very soon. Last week, Findex ...
Michelle Baltazar
FS MANAGED ACCOUNTS
Like rocket fuel to a Spaceship
When a superannuation fund calls itself a Spaceship and nobody bats an eyelid, you know you're entering a new era in retirement investing. Spaceship's ...
Featured Profile
Professional Subscription for $295
(inc GST) for 1 year.
SUBSCRIBE
OTHER PUBLICATIONS
FS Advice
The Australian Journal of Financial Planning.
Get the free iPad app
Download the Financial Standard iPad app for FREE.
DOWNLOAD
Link to something sciZkpWR