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Showing 321 - 330 of 879 results for "IOOF"

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 ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Industry fund chief executive moves to life insurer

KANIKA SOOD  |  MONDAY, 21 JAN 2019
... management (life insurance and retail advice) and banking spread in Australian and Asian markets. He has held roles at NAB, CBA, IOOF and AXA. He will relocate to Sydney for the role. Nunn replaces MetLife chief financial officer Vince Watt who has been ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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