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IOOF completes merger, appoints executivesBY ELIZABETH MCARTHUR | TUESDAY, 1 JUN 2021 12:25PM
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments.Read more: IOOF, MLC Wealth, National Australia Bank, Darren Whereat, Garry Mulcahy, AustralianSuper, Godfrey Pembroke, Sawsan Howard, TenFifty
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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