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Showing 321 - 330 of 881 results for "IOOF"

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... businesses, and we don't own any of those adviser groups anymore." ANZ, which is in the process of selling its adviser group to IOOF, banned all grandfathered commissions paid to salaried advisers from 1 April 2019. In the lead up to legislating ...

Zurich Investments shuts down fund

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... insurer last year in a newly-created executive role, reporting to Zurich Australia chief executive Tim Bailey. The former IOOF head of global research and portfolio construction was tasked with overseeing the investments within its Life and Investments ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... Commonwealth Bank has delayed its planned demerger but said it remains committed to exiting wealth. Meanwhile, the OnePath/IOOF transaction has been put on ice, pending the outcome of the APRA investigation. Finally, NAB is reportedly hunting a buyer ...

IOOF faces class action

KANIKA SOOD  |  MONDAY, 18 MAR 2019
The lawyer who led $300 million of claims during the Storm Financial crisis is preparing a class action against IOOF. Quinn Emanuel partner Damian Scattini said the firm will next week file a claim in the Supreme Court of New South Wales. The class ...

Paradice Investments sales lead takes new role

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... distribution hire in recent months. In December, Copia hired Mani Papakonstantinos from SG Hiscock. Matt Roberts also joined from IOOF in February. Another hire is expected soon, the firm said. The 18-year old company has four managers that together ...

Class makes managed accounts play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2019
... established in 2012 and has contributed to the managed account offerings of Centric Wealth, Shadforth Financial Group and IOOF.

Scholarships open for women in finance and superannuation

MICHELLE BALTAZAR  |  FRIDAY, 22 FEB 2019
... Natalie Kalouche, head of legal and compliance at Local Government Super; Miriam Herold, head of managed fund research at IOOF; Amy Teh, national manager, strategy and implementation at Colonial First State and Jayne Ker, executive manager, strategic ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... briefing this morning that the impact of the two new measures could dent earnings by up to $10 million per year. Mota said IOOF holds 40,000 inactive accounts with balances between zero and $6000, equating to $3 million in exit fees per annum. IOOF is ...

Platforms steady after Royal Commission

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
Platforms at the big four banks, AMP and IOOF can breathe a sigh of relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... and enhanced disclosures to regulators. The exodus of financial advisers from the big six groups (big four banks + AMP + IOOF) should now step up a gear. In just the past two years the share of advisers in boutique non-aligned advice groups has jumped ...