IOOF win
Melbourne-based funds manager IOOF has had its Pursuit Select platform added to the approved product list of Queensland dealer group, Infocus Money Management.
The managing director of Infocus, Darren Steinhardt, said the IOOF platform had been chosen after a lengthy tender and review process because it represented a fit with the Infocus business model.
“IOOF’s Pursuit platform can be easily customised to suit clients’ changing needs over time,” he said. “Combined with competitive administration fees and professional fee pricing structure, the platform fits well with Infocus’ advice business model.”
He said five managed funds offered by Alpha Fund Managers, the funds management arm of Infocus, had been added to a customised IOOF pursuit Select investment menu, further cementing the relationship between the two groups.
Commenting on the platform partnership, IOOF national sales manager Alexandra Tullio said IOOF regarded the relationship as proof that the company had a relevant proposition for dealer groups.
AUTHOR
Mike Taylor
Recommended for you
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.
HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.
Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
