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Showing 11 - 20 of 39 results for %22DKN Financial Group%22

IOOF "resilient" results boosts FUA

ELISE BURGESS  |  WEDNESDAY, 22 FEB 2012
... in results the group called resilient. For the six months to Dec 31 2011, IOOF completed the acquisition of DKN Financial Group, resulting in the high additions to its adviser base and FUA. Since acquisition, DKN has contributed $2.3 million underlying ...

DKN and Lonsdale heads leave and form BT advice unit

ELISE BURGESS  |  MONDAY, 7 NOV 2011
... including Butterworth's replacement, Mario Modica. In an email to fund managers alerting them to the changes from DKN Financial Group, who sealed a Scheme of Arrangement with IOOF Holdings in Oct, DKN alerted managers of the impending departure of DKN ...

Butterworth to leave DKN

ELISE BURGESS  |  THURSDAY, 20 OCT 2011
... 21, 2011. The news comes immediately after the successful completion of the Scheme of Arrangement between DKN Financial Group and IOOF Holdings. Chief executive of DKN since 2006, Butterworth lead several DKN acquisitions including its 2007 acquisition ...

IOOF seals DKN takeover

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
IOOF Holdings has completed its acquisition of DKN Financial Group after gaining approval from the Supreme Court of Victoria. IOOF said in a statement to the ASX that it would now acquire all of the fully paid ordinary shares in DKN that it does not ...

IOOF takeover receives 99% approval

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... cents for each DKN share. The implementation of the scheme is expected to be on Oct 17 this year. In June, DKN Financial Group recommended shareholders accept the offer subject to independent experts concluding that the offer was fair and reasonable ...

IOOF profits soar despite difficult times

ALISON BEVEGE  |  THURSDAY, 25 AUG 2011
... businesses. "It's a great testament to our staff and management," he said. In a release, IOOF said the expected acquisition of DKN Group following a shareholder vote in September would be likely to compete in October. "We are not counting our chickens ...

Planning practices will sell on earnings not revenue after opt-in

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... to become StrategyOne Advice Network, then contacted more than 30 institutions before successfully selling a 25% stake to DKN Group with the option for more in the future. Anthony Hunt, principal of Hunts' Group, said improving efficiency in the back ...

Star hire strengthens IOOF adviser drive

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... IFA market. IOOF has 650 aligned advisers under its umbrella, which will roughly double if the takeover of DKN Financial Group goes ahead. DKN shareholders are to vote on the 80c-per-share offer in September. IOOF also has 1500 non-aligned financial ...

DKN suffers drop in platform flows

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
DKN Financial Group will announce an 8% annual rise in funds under advice but a 40% drop in platform inflows and an overall company loss of $14 million for the year to June 2011. The loss is due to a $21 million write down of goodwill, in order to reflect ...

DKN agrees to support IOOF takeover

ALISON BEVEGE  |  MONDAY, 27 JUN 2011
Financial services provider DKN Financial Group has agreed to an increased takeover offer by IOOF Holdings, subject to independent valuation. IOOF has increased its bid from an indicative offer of 75c per DKN share, which was hotly rejected by major ...