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Search ResultsShowing 1 - 10 of 100+ results for "IOOF"
IOOF ups costs for self-employed advisers
ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
Self-employed financial advisers working with IOOF will have to pay more for the same services under the new IOOF structure which will focus the business on three key pillars in the advice space. Speaking to investors today, IOOF chief advice officer ...
ASFA adds board members
KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... Superannuation Funds of Australia has appointed two directors to its board. ASFA made way for Sunsuper chair Andrew Fraser and IOOF chief operating officer Frank Lombardo as additional directors after the passing of a special resolution. They will serve ...
Dealer group chief executive departs
ELIZABETH MCARTHUR  |  TUESDAY, 24 NOV 2020
The chief executive of an IOOF dealer group has departed as part of the group's restructure after it acquired MLC Wealth. Geoff Kellett has departed Financial Services Partners after two years as chief executive, with IOOF moving towards shuttering ...
Retail superannuation funds grilled on member priorities
KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... OnePath and enter the retail super business. In answering if OnePath's overall aim is to return a profit to its owner IOOF over the long term, Weeks said the primary goal is to act in members' best interests. "Yes, part of the corporate focus ...
RC recommendations closer to legislation
KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...
CountPlus adds former MLC practice
KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... years. Ascent Private Wealth joined CountPlus as a member firm, leaving the MLC dealer group shortly after it was acquired by IOOF. Melbourne-based practice Ascent has been part of the Godfrey Pembroke network since 2001. Ascent founder Mark O'Toole ...
Dealer group chief departs
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
The chief executive of an IOOF licensee will depart the group, as the impacts of the company's wealth restructure continues to be felt. Lonsdale Financial Group chief executive Mark Stephen will depart at the end of the month. The move comes after Milennium3 ...
Ord Minnett acquires E.L. & C. Baillieu
ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... Ord Minnett. The news comes after Ord Minnett recently bought back IOOF's 70% stake in its business for $115 million. IOOF announced the completion of the sale and confirmed the buyer was a consortium of investors led by current Ord Minnett executives. ...
IOOF unfazed by poor MLC result
ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... posted a 37% loss in revenue while MLC Wealth was down around $100 million in divisional cash earnings from last year, though IOOF said the result is broadly in line with its expectations. IOOF is set to acquire 100% of MLC Wealth from NAB for $1.4 billion ...
The platforms with the most advisers
KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... share), AMP Flexible Super (4919 advisers and 5.4% market share), Macquarie Wrap (4709 advisers and 5.2% market share) and IOOF (4539 advisers and 5% market share). BT Panorama was used by an estimated 3332 advisers giving it 3.7% share.
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