News

Former ISI chief executive dies

Former Investment Savings and Insurance Association chief executive Vance Arkinstall has died.

Vance Arkinstall

The 73-year-old was at the helm of the association, the precursor to the Financial Services Council, for 10 years until 2010. He was a key voice in the debate around the implementation of the first stage of regulation, including adviser registration and anti-fraud measures.

The former head of Norwich Union stepped down from the role as he prepared to fight charges over the failure of Dominion Finance Group.

He was a director of the finance company, which was placed in receivership in 2008 owing $176.9 million.

He was later found guilty and served a sentence of home detention.

Arkinstall was remembered by his family as someone who brought laughter and love into their lives.

Most Read

Get TMM delivered to your inbox each week

Sign Up