NAB sale of wealth arm to IOOF approved
A$1.4bn deal could not go ahead until Aussie regulator gave green light
IOOF
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Aussie advice firm deputy CIO accused of sexual harassment
Former employee alleges her career suffered as a result
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NAB agrees to sell wealth arm for A$1.4bn
It will continue to offer targeted wealth management products and services through JBWere and Nabtrade
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Wealth manager to pay nothing as class action lawsuit ends
Proceeding ‘was conducted in a surprising manner’ and ‘resulted in an unexpected outcome’
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Shareholders to sue Australia’s IOOF
As they claim to have suffered financial loss due to alleged corporate misconduct
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ANZ wealth arm sale gets green light
After it was stalled by regulator last year over potential IOOF managers disqualification
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PEOPLE MOVES: River and Mercantile, IOOF, Stonehage Fleming
Changes at the top for the UK asset manager and Aussie financial adviser
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Royal Commission sparks Aussie wealth manager lawsuit
Law firm said ‘management must have known that its conduct was risky legally and reputationally’
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Aussie bank sells advice arm to financial services subsidiary
It has also sold another wealth business to an accountancy practice
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PEOPLE MOVES: Canaccord Genuity, Julius Baer, Investec AM
Promotions at CGWM and changes at the top for Julius Baer’s Italian business
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PEOPLE MOVES: Momentum, Aberdeen Standard, Generali
Plus, managing director of Aussie financial services firm will leave role with A$1.2m handshake
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ANZ pondering wealth deal after regulatory action
Australian regulator is seeking to disqualify some of IOOF Group’s managerial team