IOOF

Policy & Regulation

A Sydney law firm has announced a class action against IOOF based on losses to shareholders resulting from the Royal Commission and the action initiated by the Australian...

Funds management

Allan Gray fund added to IOOF platforms

The Allan Gray Australia Stable Fund is now available on IOOF platforms, which includes Pursuit....

Financial planning

How IOOF leveraged its ‘self-employed advice model’

IOOF appears to have contained the fall-out from an end to grandfathering and threats to life/risk commissions because of its ‘self-employed advice model’....

People & Products

Copia hires new distribution manager

Copia Investment Partners has appointed Matt Roberts as its new distribution manager in its Sydney office....

Superannuation

IOOF’s OnePath transaction gets parliamentary scrutiny

A key parliamentary committee has questioned the future of ANZ’s sale of the OnePath pensions and investments business to IOOF....

Superannuation

Hayne throws ANZ/IOOF super transaction into doubt

The Royal Commission’s final report has thrown completion of the sale of ANZ’s superannuation businesses into even more serious doubt....

Funds management

Nanuk’s fund recognised by Morningstar

Morningstar has awarded the Nanuk New World Fund with a five star rating for its three-year track record in the large cap world equity category....

Policy & Regulation

IOOF’s acquisition of OnePath delayed

The IOOF acquisition of the ANZ pensions and investments business has been delayed to meet the requirements resulting from last year’s Australian Prudential Regulation Au...

Financial planning

ANZ sees dealer group sale as a done deal

ANZ chief executive, Shayne Elliott has told shareholders the sale of the banks aligned dealer groups is a done deal....

Financial planning

Financial adviser exam will cost millions

The Financial Adviser Standards and Ethics Authority’s business plan has revealed the financial adviser exam will cost millions and be the authority’s single biggest expe...

Policy & Regulation

Is IOOF APRA’s get tough guinea pig?

Documentation examined during the Royal Commission suggests the Australian Prudential Regulation Authority was actively considering whether pursuing litigation would answ...

Policy & Regulation

IOOF’s Kelaher and Venardos step aside

IOOF managing director, Christopher Kelaher and chairman George Venardos have stepped aside from their positions pending the outcome of the Australian Prudential Regulati...

Policy & Regulation

ANZ reviewing wealth sale to IOOF

The Australian Prudential Regulation Authority’s regulatory action against IOOF has prompted ANZ to “review” the sale of its wealth businesses to IOOF....

Policy & Regulation

APRA moves to disqualify IOOF executives including MD

The Australian Prudential Regulation Authority has initiated action against IOOF including seeking the disqualification of its most senior executives, including managing ...