IOOF
ASIC sues MLC Life over alleged insurance failures
The corporate regulator has taken legal action against the formerly NAB-owned MLC Life for allegedly charging insurance premiums without paying benefits.
- Charlotte Grieve
Latest
IOOF chief tips financial advice surge if second recession hits
IOOF is seeking to become the country’s largest and cheapest financial advice provider but substantial costs associated with its acquisition strategy, and no guidance on future earnings has created uncertainty for investors, causing a 10 per cent stock fall.
- Charlotte Grieve
IOOF to cull 140 advisers in plan to take on rivals
IOOF wants to become Australia’s go-to destination for financial advice, but says it needs to restructure its network to make become more competitive. A major adviser cull is on the cards.
- Charlotte Grieve
'Significant damage': Powerful investor group lashes corporate Australia amid IOOF harassment claims
The powerful institutional investor advisory group ACSI says sexual harassment in the workplace is unacceptable.
- Sarah Danckert
- Exclusive
- Workplace culture
Senior IOOF executive accused of 'inappropriate' touching in unfair dismissal claim
A former IOOF executive has accused the wealth manager's deputy chief investment officer Stanley Yeo of sexual harassment.
- Sarah Danckert
IOOF rules out in-house services to sidestep conflicts of interest
IOOF chief executive Renato Mota is bucking the trend of bringing investment management services in-house, claiming it creates conflicts and threatens member returns.
- Charlotte Grieve
- Business
- AGM season
IOOF put on notice to prove merit of MLC takeover
The ASX-listed money manager has received a hefty protest vote over executive pay at its AGM from shareholders sceptical about the deal.
- Charlotte Grieve
Financial advice should be tax deductible, says IOOF chief
The head of financial services giant IOOF has called on the government to make financial advice tax deductible to make it more affordable after reforms to improve the standards in the industry have forced many advisors out the door.
- Charlotte Grieve
Private equity key to wealth shake-up: IOOF's Renato Mota
IOOF's boss has played down the chances of the wealth manager making any more acquisitions, saying 'we absolutely have our hands full.'
- Clancy Yeates
Less is more for NAB after sale of wealth management arm to IOOF
IOOF is set to become the country's largest wealth management business and second largest super fund after it takes over NAB's MLC Wealth business.
- Charlotte Grieve and Clancy Yeates
Original URL: https://www.watoday.com.au/topic/ifl-ss