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IOOF
Features
Last year had two double-digit five Crown fund management groups, but were they able to retain that position this year?...
Funds management
The latest FE fundinfo Crown Ratings rebalance has revealed the degree to which the times have not suited many value funds but have nonetheless seen 50 upgrades to the to...
Funds management
IOOF now leads the way with the most five Crown rated funds with nine, as the two double-digit five Crown funds from last year – IPAC Asset Management and Macquarie – bot...
Tools & guides
IOOF TechConnect’s Mark Gleeson explains the changes that advisers need to be aware of for their clients ahead of the move from Newstart to JobSeeker Payment this month....
People & Products
The firm has appointed a chief operating officer, chief advice officer, and chief distribution officer....
Financial planning
IOOF has announced it will not be provisioning beyond the $223 million for advice remediation it announced in August last year....
Superannuation
Getting rid of the complexities of the superannuation system will allow financial advisers to focus on helping individuals understand what retirement means for them rathe...
Funds management
IOOF has reported its highest quarterly net inflows in December 2019 in over a year with $939 million from advice....
Financial planning
IOOF has confirmed the existence of 67 advisers it regards as being in the high risk category as it gets ready to start client remediation early this year....
People & Products
IOOF has appointed of David Chalmers as its new chief financial officer as David Coulter will leave the firm in February 2020....
Financial planning
IOOF and ANZ are working towards completing the transaction regarding OnePath and Oasis by 30 January, 2020....
Policy & Regulation
The board of IOOF Limited has declared former managing director, Chris Kelaher’s deferred shares forfeit despite the company’s defeat of the Australian Prudential Regulat...
Policy & Regulation
Licensees would do well to pay close attention to the outcome of the Australian Securities and Investments Commission’s Federal Court action against RI Advice....
Policy & Regulation
ANZ has announced a 7% decline in full-year net profit at the same time as revealing the cost of client remediation has now grown to $1.2 billion....
Financial planning
ASIC has imposed additional conditions to improve governance and conflicts management after considering Royal Commission concerns....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...