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Showing 131 - 140 of 849 results for "IOOF"

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
The Australian Competition and Consumer Commission (ACCC) has given its blessing for IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... managers with a tax bill of $104 million followed by Platinum Asset Management at $66 million. In diversified financials, IOOF was charged a bill of $92 million, Zurich Financial Services paid $59 million and MLC paid $32 million. Other institutions ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... (Unhedged) returned -6.78% for the year and 8.6% p.a. over five years, making it the winner. The best multi-sector fund was the IOOF MultiMix Balanced Growth Trust (2.12% for the year and 6.86% p.a. over five years). The full list of Best of the Best ...

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
IOOF yesterday said it won't be pursuing an offer to buy its retail trustee Australian Executor Trustee business. On August 31, IOOF said it had received an expression of interest for AET. "IOOF has considered the expression of interest and confirms ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...

IOOF ups costs for self-employed advisers

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
Self-employed financial advisers working with IOOF will have to pay more for the same services under the new IOOF structure which will focus the business on three key pillars in the advice space. Speaking to investors today, IOOF chief advice officer ...

ASFA adds board members

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... Superannuation Funds of Australia has appointed two directors to its board. ASFA made way for Sunsuper chair Andrew Fraser and IOOF chief operating officer Frank Lombardo as additional directors after the passing of a special resolution. They will serve ...

Dealer group chief executive departs

ELIZABETH MCARTHUR  |  TUESDAY, 24 NOV 2020
The chief executive of an IOOF dealer group has departed as part of the group's restructure after it acquired MLC Wealth. Geoff Kellett has departed Financial Services Partners after two years as chief executive, with IOOF moving towards shuttering ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... OnePath and enter the retail super business. In answering if OnePath's overall aim is to return a profit to its owner IOOF over the long term, Weeks said the primary goal is to act in members' best interests. "Yes, part of the corporate focus ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...