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MLC
Financial planning
The combined loss of advisers for IOOF/MLC has reached 252 advisers since IOOF announced the purchase of MLC in August last year and is now nearing AMP Group which has lo...
Financial planning
Count Financial continues to be active in recruiting advice firms from both the MLC and IOOF licenses....
Superannuation
Ten superannuation funds experienced outflows in excess of a billion dollars as a result of the Government’s COVID-19 hardship superannuation early release regime, with i...
Financial planning
This has been a tough week for IOOF given that the financial planning groups operating under its umbrella have topped the list for the highest declines in adviser numbers...
Superannuation
Superannuation funds have told a Parliamentary Committee that the costs of implementing Superstream were so high that they offset any immediate cost-savings....
Superannuation
When the Government’s early release superannuation scheme comes to an end, 10 funds will have made over 60% of the payments, most of them being industry funds....
Financial planning
The number of actual advisers has dropped through the 21,000 barrier this week, with the loss of a further 31 advisers, according to HFS Consulting’s data....
Features
The two largest financial planning organisations have increasingly been singing from the same hymn book in delivering their policy messages to Canberra but they are still...
Financial planning
Financial advice needed to focus on improving the value of advice, rather than focusing solely on the cost, according to a panel....
People & Products
Geoff Lloyd will leave MLC after two years at the helm following the recent sale agreement with IOOF....
Life/Risk
MLC Life acknowledges less than acceptable service experience as it creates specific life division to be led by Sean McCormack....
Features
Multi-asset funds can take the work out of choosing your asset allocation, but Chris Dastoor writes, that advantage can be best used to focus on specific outcomes rather ...
Superannuation
National Australia Bank super entities NULIS and MLC Nominees have been hit by Federal Court penalties out of an Australian Securities and Investments Commission action o...
Financial planning
The number of MLC advisers choosing to join IOOF will determine if the firm will be the largest dealer group in the country as it is not looking to acquire any more advic...
Financial planning
With IOOF yet to bed down its acquisition of MLC Wealth, competitor licensees have already revealed themselves by seeking to recruit disenchanted and worried advisers....
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Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....