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IOOF granted MySuper licence

The Australian Prudential Regulatory Authority has granted a MySuper licence for its superannuation offering, and specifically, its IOOF Balanced Investor Trust.

“IOOF MySuper offers members an appropriate investment option for those who don’t make a choice when they commence with us,” said IOOF managing director Chris Kelaher.

“Our superannuation platforms have always offered clients and advisers access to quality investment options, industry leading customer service and value for money. IOOF MySuper is simply a continuation of this approach.”