AIOFP appoints fund services manager

"We are delighted to have someone of Ms Ryland's calibre and experience working with us to manage the increasing needs and interests of industry funds and their members," said AIOFP executive director Peter Johnston.

According to a statement, Ms Ryland was previously the chief executive of Local Super SA-NT and held managerial roles for the Superannuation Trust of Australia and ExxonMobil Superannuation Plan.

More recently, she established her own consultancy working with clients on an independent basis.

Mr Johnston further added that the introduction of FOFA and the elimination of specific conflicts of interest had injected some much-needed confidence in the advice industry that the best interests of members are being taken into account.

"All funds need to satisfy APRA in showing they can efficiently service their members, and a workable financial advice solution is a key aspect of such a service," he said.