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IOOF names licensee chiefs, acquires platformBY JAMIE WILLIAMSON | WEDNESDAY, 2 SEP 2020 12:42PM
Following its acquisition of MLC and decision to restructure its licensees, IOOF has consolidated the leadership of its various dealer groups and announced another acquisition.Read more: IOOF, Wealth Central, FSP, Lonsdale, RI Advice, Actuate, Bridges, Consultum Financial Advisers, Darren Whereat, Executive Wealth Management, Financial Services Partners, Geoff Kellett, Helen Blackford, Joe Botte, Mark Stephen, Nathan Stanton, Peter Ornsby, Renato Mota, Shadforth Financial Group, Terry Dillon
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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