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IOOF posts profit, restructures businessBY ELIZA BAVIN | MONDAY, 31 AUG 2020 11:59AM
IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation.
Read more: IOOF, P&I, Renato Mota, Actuate, ANZ, Australian Ethical, Bridges, EWM, Financial Services Partners
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See trends that matter | Global Healthcare
Australian asset managers are the fourth-fastest growing of their global peers, clocking in 11.9% in compounded annual growth over the last five years, says a new report from Willis Towers Watson.
The head of QSuper's advice unit has departed after the superannuation fund restructured its financial-advice offering to members.
BlackRock has won a passive investment strategy mandate from AMP New Zealand for an undisclosed amount.
APRA and ASIC have published the latest data on life insurance claims and disputes, demonstrating the difference financial advisers make when it comes to TPD and trauma claims.
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