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Showing 1 - 10 of 11 results for "OnePath Pension"

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
After two decades with the business, Insignia Financial chief executive Renato Mota will exit in February 2024. In an ASX announcement, Insignia said the decision was a mutual agreement between the business and Mota. It has already commenced the search ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy. The transaction will see 500,000 ANZ Share Investing clients with total assets in excess ...

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
ANZ completed its sale of OnePath Pensions & Investments to IOOF for a renegotiated price of $850 million. The final sale price was $850 million, including the $25 million that ANZ received for the sale its aligned dealer groups in 2018. It was a renegotiated ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... retained UBS AM as a manager for cash and fixed interest. The changes were implemented in February. ANZ sold its OnePath Pension and Investments business to IOOF but the deal has faced roadblocks with a May update saying if any conditions of the transfer ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
ANZ provided an update on its contractual arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... recognising conflicts of interest existed. The news could also potentially affect IOOF's acquisition of ANZ's OnePath pension and investments business. In October IOOF said it had finalised the "substantial economic completion" of the pensions ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
ANZ and NAB painted a bleak profitability outlook for shareholders, flagging massive losses ahead of their 2018 half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... customers during the transition." The "simplification" George mentioned refers to ANZ's previous divestment of its OnePath pension and investments business, along with four aligned dealer groups, to IOOF, as announced in October. IOOF said the acquisitions ...

Elders continues impressive growth run

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
... acquired by IOOF as part of its broader sales agreement with ANZ Wealth to purchase its aligned dealer groups and OnePath pension and investments business. Elders FP has expanded rapidly in recent years, having welcomed its 20th practice just last month. ...
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