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IOOF
Superannuation
A superannuation trustee has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product....
People and Products
Mark Oliver, chief distribution officer at Insignia Financial, has taken on new responsibilities as head of superannuation at the business....
Superannuation
Major superannuation funds are calling for an extensive consultation process before the Australian Prudential Regulation Authority (APRA) is handed the regulatory power t...
Women's Wealth
The Financial Executive Women Positive Progression of Women Award aims to recognise and celebrate individuals who have promoted and contributed to supporting gender equal...
Superannuation
Australian superannuation funds defied the worst of the pandemic to reward members with positive returns in 2020. ...
People and Products
Sunsuper chair, Andrew Fraser and IOOF chief operating officer, Frank Lombardo have been added to the board of the Association of Superannuation Funds of Australia. ...
Superannuation
IOOF is set to become Australia’s second largest superannuation industry via its acquisition of MLC Wealth but the transaction documents point to a challenging transition...
Superannuation
Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive over $3.6 million in compensation....
Funds management
IOOF has been identified by UBS as a stock that is ‘still at risk’ of underperformance as its shares fall 56% since the start of the year. ...
Financial advice
IOOF and ANZ are working towards the transaction regarding OnePath and Oasis by IOOF by 30 January, 2020....
Superannuation
IOOF structural changes enhanced its registrable superannuation entity licensees’ ability to comply with fiduciary obligations, APRA believes....
Insurance
The Royal Commission allegations against IOOF caused ANZ chief executive, Shayne Elliott, to think twice about the advisability of the big banking group’s sale of its One...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...