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Showing 241 - 250 of 879 results for "IOOF"

FICAP 2020 weeks away

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2020
... Pendal Group business development officer Kristine Jacinto, Colonial First State senior technical manager Tim Sanderson and IOOF head of research and retirement income Matt Olsen. Sponsors for this year's event include Challenger, Colonial First ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
An internal restructure in IOOF's leadership team is complete, with three general managers promoted to the firm's c-suite. IOOF general manager of distribution Mark Oliver has been promoted to chief distribution officer, while the firm's general manager ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... approximately $12 million, priority claims owed to employees of around $2 million and intercompany loans of about $75 million. IOOF sold its AET corporate trust business to Sargon in October 2018 $51.6 million. At the time, AET said it was excited to ...

ANZ Australia risk chief exits

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2020
... immediately. Rixon was chief risk officer of ANZ Wealth from April 2014 to November 2018. Following the sale of ANZ Wealth to IOOF, she transitioned to chief risk officer, Australia division. The spokesperson said the bank will soon commence a search ...

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
Shine Lawyers today commenced a new class action against IOOF on behalf of shareholders. Shine Lawyers conducted an investigation into misconduct at IOOF which included obtaining a Federal Court order for IOOF to produce documents relevant to the alleged ...

Long-time IOOF director steps down

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
A member of IOOF's board has stepped down after a decade and a half as a director of the wealth manager. IOOF has announced the retirement of former PWC partner Jane Harvey, who steps down from the board after 15 years. However her retirement is set ...

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
IOOF's underlying net profit after tax slumped 39% in the first half of FY20 to $56.6 million, following increased governance spending, pricing pressures and divestments. Statutory NPAT was $115 million, buoyed by proceeds from IOOF's sale of Ord Minnett ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... Synchronised Business Services. AMP and its four licences is the largest advice licensee group but its margin over number two ranked IOOF is now less than 400. Three years ago the gap between AMP and IOOF was almost 1500. The fastest growing licensees ...

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 ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... smaller dealer groups and self-licensed advisers to meet advice needs across the whole financial sector." He named AMP and IOOF as the major groups committed to providing financial advice amid the fallout from the Banking Royal Commission. Maroney supported ...