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.”
Advocacy group Super Consumers Australia has backed ASIC’s action against Equity Trustees, calling for super fund ...
After previously banning four of its advisers, ASIC has continued its enforcement spree on MWL Financial Services for ...
As the financial advice profession still attempts to claw back ground lost in the wake of the royal commission, costs ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin