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Showing 11 - 19 of 19 results for %22OnePath Pensions%22

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... the legal separation of the pensions and investments business. It will also allow the business' independent trustee, OnePath Custodians, to separately consider the transfer of the business. A further provision will see the annual coupon rate of 14.4% ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... recognising conflicts of interest existed. The news could also potentially affect IOOF's acquisition of ANZ's OnePath pension and investments business. In October IOOF said it had finalised the "substantial economic completion" of the pensions ...

IOOF appoints dealer group chief

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
... business would take place after the completion of a successor fund transfer separating the ANZ P&I business products from OnePath life, towards the end of March next year.

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... business would take place after the completion of a successor fund transfer separating the ANZ P&I business products from OnePath life, towards the end of March next year. ANZ originally announced it would divest OnePath's pension and investments and ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... treasury shares adjustment), while the balance comprises future separation transaction costs. The bank offloaded OnePath pensions and investments and aligned dealer groups to IOOF, and the life insurance arm to Zurich in October and December 2017 respectively. ...

Zurich hires risk strategy specialist, retains OnePath brand

KARREN VERGARA  |  TUESDAY, 20 MAR 2018
Zurich confirmed it will keep the OnePath brand following its acquisition of the life insurance business from ANZ, and it will operate alongside Zurich's own life insurance brand. The life insurer has also appointed a risk strategy specialist. Life ...

ANZ hires Silicon Valley consultant for innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
... ongoing transformation strategy to become a more efficient, more digital bank. The recent sale of ANZ Wealth's OnePath pensions and investment division to IOOF was a key step toward achieving this, but chief executive Shayne Elliott highlighted that ...

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
The sale of OnePath businesses will result in about $120 million in losses once the transaction is complete, ANZ flagged in its full-year results to September. Earlier this month the bank announced it will divest OnePath's pensions and investments ...

Smarter annuities can plug retirement savings gap

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
... million this quarter. A common complaint about annuities is their lack of access to capital, which is where products such as OnePath's Money For Life provide a solution. David Kan, general manager, Retirement & Investment Solutions, OnePath, is comfortable ...
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