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Showing 151 - 160 of 850 results for "IOOF"

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... increased its provisions for customer remediation to $266 million after tax. Of this, $172 million is related to matters from the IOOF-acquired MLC Wealth. The wealth remediation is a result of non-compliant advice given to customers, adviser service ...

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
IOOF's head of fund operations has farewelled the group after more than two decades. A spokesperson for IOOF has confirmed the departure of Steven Sorraghan, head of fund operations. His leaving marks the end of a lengthy career with the group, as Sorraghan ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... inbound enquiries from advisers looking to change their business models and alliances. The sale of MLC's wealth division to IOOF and AMP's review of its business has instigated several movements. As an example, HFM & Partners and Queensland-based ...

A new model is coming: Licensees

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... pushed towards a new model in the coming years. The panel, facilitated by CoreData founder and principal Andrew Inwood, saw IOOF chief advice officer Darren Whereat, Centrepoint Alliance group executive advice services Kate Anderson and Matrix Planning ...

Grow Super founder sentenced in betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... incident as an internal investigation into the matter was conducted. The names of those employees have not been revealed. IOOF, which is a minority shareholder in Grow Super with a director on the board, said at the time charges were laid that it was ...

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... Geoff Lloyd will leave MLC at October end after two years at its helm, after its recent agreement to sell the business to IOOF. MLC's chief corporate services officer Andrew Morgan will oversee MLC's day-to-day operations while the sale to IOOF ...

CountPlus adds to board, acquires member firm

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... its growing network. Carolyn Colley has been appointed as director, adding another seat to her directorships at the ASX, IOOF and employee benefits firm Smartgroup Corporation. She will also chair CountPlus' newly formed technology and innovation ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Last night's superannuation reforms could be a "modest negative" for AMP, IOOF and Link Group but have no impact on Netwealth and HUB24. The government is proposing to subject all MySuper products to a new APRA-administered annual test from July 2021 ...

Another MLC advice firm exits group

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
A former MLC-licensed financial advice firm has left the dealer group following the IOOF takeover to join FYG Planners Group. Queensland-based Designing Financial Solutions (DFS), led by principal and financial planner Kevin Redfearn, is now operating ...

MLC appoints new head of insto distribution

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... a head of institutional distribution, a new role that has been created as the business transitions following the sale to IOOF. Read Taylor Price steps into the role, joining MLC from Fisher Investments where he has been since 2007. He was most recently ...