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Showing 671 - 680 of 879 results for "IOOF"

SMSF industry hits back on 'rort' claims

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
... entitled to the same tax concessions but says that some industry funds do not pass all of these benefits on to members. "IOOF, Asgard, MLC Navigator and BT Wrap separately record capital gains and provide their members with access to concessional capital ...

Deferred tax impacts IOOF profit

BEN COLLINS  |  FRIDAY, 24 AUG 2012
A deferred tax liability had a material impact on wealth manager IOOF, knocking $63 million of its full-year statutory result. Retrospective changes to income tax laws forced IOOF to pay the deferred tax liability, resulting in its $19.4 million profit ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
... the value of its wealth division. The sale of subordinate notes, and a recent offloading of a 7.8% stake in wealth manager IOOF contributed an additional 42 basis points of core tier-one capital post the June 30 balance date. "These non-dilutive capital ...

Bendigo offloads IOOF stake

LINDA HAUSKEN  |  THURSDAY, 9 AUG 2012
Bendigo and Adelaide Bank has sold its 7.8% stake in wealth management firm IOOF Holdings, worth $110 million. In a statement to the Australian Securities Exchange (ASX) Bendigo and Adelaide Bank said the sale was conducted at $6.16 a share and is expected ...

Redundancies tipped at Plan B

BEN COLLINS  |  FRIDAY, 27 JUL 2012
Job cuts are predicted at Perth-based boutique wealth manager Plan B, if IOOF's proposed bid is successful. The Plan B board has unanimously recommended that shareholders accept the IOOF offer for 60 cents per ordinary share, in an off-market takeover ...

Plan B board accepts IOOF offer

BEN COLLINS  |  MONDAY, 16 JUL 2012
The board of Perth-based Plan B Holdings Limited has recommended a $49.1 million takeover offer made by IOOF. IOOF had proposed to acquire 100% of the fully paid ordinary shares in Plan B, in an off-market takeover that would see it add $2.2bn in funds ...

IOOF awards OC $50m mandate

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
... boutique manager OC Funds Management has been awarded a $50 million small to mid-cap Australian equities multi-mix mandate from IOOF. Robert Frost, head of investments at OC Funds Management (OC), said the mandate was acknowledgement of the strong performance ...

Avenue joins Lonsdale

ALEX DUNNIN  |  MONDAY, 2 JUL 2012
Adviser group Avenue Capital Management will join IOOF's Lonsdale Financial group, cementing the conglomerate's place well inside the industry's top 10. The agreement to join Lonsdale adds 30 adviser to their stable, bringing their combined numbers ...

IOOF appoints new investment specialist

LINDA HAUSKEN  |  WEDNESDAY, 13 JUN 2012
IOOF Holdings Limited has named Graham Smith as investment specialist for its investment bond, WealthBuilder. In this role, Smith will work with Wealth Builder's existing sales resources to raise the profile and sales of the WealthBuilder suite in the ...

HIP Super enters advice partnership

MELANIE TIMBRELL  |  TUESDAY, 12 JUN 2012
Health Industry Plan (HIP) has formed a strategic partnership with IOOF subsidiary, Bridges Financial Services for fee-for-service, flexible and scalable advice. According to HIP, transparency of cost structures and the provision of single and multi-issue ...