IOOF

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....

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People & Products

The firm has appointed a chief operating officer, chief advice officer, and chief distribution officer....

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Financial planning

IOOF has announced it will not be provisioning beyond the $223 million for advice remediation it announced in August last year....

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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...

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Funds management

IOOF has reported its highest quarterly net inflows in December 2019 in over a year with $939 million from advice....

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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....

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People & Products

IOOF has appointed of David Chalmers as its new chief financial officer as David Coulter will leave the firm in February 2020....

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Financial planning

IOOF and ANZ are working towards completing the transaction regarding OnePath and Oasis by 30 January, 2020....

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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...

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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....

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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....

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Financial planning

ASIC has imposed additional conditions to improve governance and conflicts management after considering Royal Commission concerns....

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Funds management

IOOF's funds under management, advice and administration increased by $4.2 billion in the third quarter of 2019 despite industry-wide impacts....

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People & Products

Former IOOF chairman, George Venardos will depart the board of IOOF at the company’s upcoming annual general meeting....

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Superannuation

With the Australian Prudential Regulation Authority legal action out of the way IOOF has secured its acquisition of ANZ’s OnePath Pension and Investments business....

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