Ignition Advice Appoints New President

ignition advice has appointed Sally Lone (pictured) as its new chairperson, effective June 5, 2023.

Loen is an experienced Chairman, Non-Executive Director and business leader. Between 2014 and 2021, she was chief executive of the Financial Services Council, the top industry organization for financial services, whose members include global and domestic fund managers, retail superannuation funds, advice licensees and life insurers (see full bio below) .

Lone replaces Peter Meurer OAM, the firm’s inaugural chairman, who is stepping down from the role after eight years of service. She will work with Meurer and the Board during the transition period.

Meurer said he was delighted to welcome Lone as his successor.

“Sally brings proven leadership, including having led a financial services organization, as a Chairman, and a wealth of industry expertise to the Ignition Board, with in-depth knowledge of media and corporate affairs.

“His experience in policy development and advocacy, particularly in the wealth sector and with a wide range of stakeholders, will be particularly valuable to our business.

“The Ignition team will benefit from Sally’s extensive experience in this important next phase of global growth for the company,” he said.

ignition Co-Founder and Director of the Board Mark Fordry paid tribute to Mr Meurer, saying he has been an integral part of Ignition’s growth over the years.

‘Under Peter’s leadership, Ignition has partnered with several leading global financial firms, conducted three capital raises and has been recognized through multiple global industry awards.

“I thank Peter for his dedication and leadership and wish him the best of luck in his future endeavors.

“As we enter our next phase of growth, we will be able to dramatically scale our advice offerings using Sally’s significant board and industry experience and the ability to close the gap in mentoring and mentoring large financial institutions.” Look forward to drawing on their aspiration to meet our development ambitions in making it accessible to all,” said Fordry.

Lone said, “I look forward to working with the board, executive and people at Ignition at this critical time for the digital transformation of the advice industry globally.

“I have been a long-standing advocate for all Australians to be financially literate and financially independent, particularly women, who retire with less retirement income than men, and who still face the gender pay gap. Simplified regulation and innovation through digital tools will be key to improving affordability and access to financial advice while maintaining important consumer safeguards.

“There has never been a more important time for government and industry to support the transformation of advice provisioning,” she said.