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Search ResultsShowing 1 - 10 of 67 results for "Renato Mota"
IOOF buffeted by advice restructure
ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
... because of the advice business transformation as well as the termination of the BT relationship. IOOF chief executive Renato Mota said the company is making good progress towards the overall transformation of the business. "We are transforming the advice ...
IOOF, BT end platform relationship
ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
... partially offset by BT's other net platform revenues but will reduce IOOF's revenue by $15 million. IOOF chief executive Renato Mota said both IOOF and BT worked collaboratively to reach an agreement. "As IOOF embarks on its own platform simplification ...
IOOF appoints executive, continues growth push
ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... it reports funds under management, advice and administration grew by $529 million in Q1 2021. IOOF chief executive Renato Mota has announced the appointment of a chief transformation officer, promoting general manager, ClientFirst Chris Weldon to the ...
IOOF names licensee chiefs, acquires platform
JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... Solutions managing director, ING business development manager and Commonwealth Bank senior manager. IOOF chief executive Renato Mota said Wealth Central is an important piece in its transformation. "This is differentiating technology that IOOF now owns ...
IOOF posts profit, restructures business
ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... while it will also close its Financial Services Partners (FSP), along with EWM and Actuate licences. Chief executive Renato Mota said IOOF will support the transition of advice businesses into their choice of IOOF's licensees. "Today marks an important ...
IOOF buys MLC Wealth for $1.4bn
ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... the decision is in line with its strategy to simplify and focus on its core banking business. IOOF chief executive Renato Mota said the opportunity to acquire the wealth business was compelling. "MLC is a natural fit with IOOF and presents a unique opportunity ...
IOOF divests Australian Ethical
ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... approximately 5.5 million shares. That reduces IOOF's ownership in Australian Ethical to 4.9%. IOOF chief executive Renato Mota said the sale aligns IOOF's strategy to simplify its business. "Our investment in Australian Ethical has realised significant ...
IOOF increases FUMA, lifts remediation costs
ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... been impacted by the volatility in financial markets relating to the impacts of the pandemic. IOOF chief executive Renato Mota said: "The recent recovery in equity markets has been the major contributor to the $6.7 billion uplift in FUMA and pleasingly ...
IOOF to provide fee relief to adviser network
ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... three-month period to provide financial guidance to people in their local communities at no cost. IOOF chief executive Renato Mota said IOOF anticipates at least two thirds of its advisers will sign up to the initiative, equating to over 50,000 hours ...
IOOF sees surge in FUM
ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... the quarter. The company said excluding that one-off movement its net inflows were positive. IOOF chief executive Renato Mota said during the COVID-19 uncertainty it was reassuring to see the positive work its advisers were doing. "These COVID-19 related ...
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