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IIML is the Trustee of the IOOF Portfolio Service Superannuation Fund (Fund),
That is the upside: delivering a better service and getting more people engaged with our proposition.”The former ANZ businesses also accounted for the vast majority of redemption requests for early access to superannuation on the basis of financial hardship.Now, given everything we’ve experienced, is time to go back and think about some of the complexities.Of the 28,500 requests received by IOOF, a full 22,500 came from members of the former ANZ-owned super funds.IOOF told the market it was "well-placed" to support the federal government's early access scheme due to its "high levels of liquidity" and diversified demographics of its member base.“I’d support anything that creates greater simplicity” he said. Pension Product Disclosure Statement. But equally there is an opportunity to transform that business. 0000014338 00000 n 0000004499 00000 n

IOOF WealthBuilder A tax-effective solution for building your wealth outside of super. Pension payments can be indexed each year by a specific percentage or in-line with CPI. Features and benefits: Tax effective; Meets a range of investment needs h�b```b`�l``g`�pab@ !6�(�2� ��Fy�-?w>��|�ɦ�D&U�/���z + 0000024283 00000 n But many are wondering whether they've got the right strategies to succeed in the longer term.IOOF chief executive Renato Mota said the transaction marked the end of the troubled wealth management industry's era of bank ownership.Court hears claims and counterclaims about the interests of investors in troubled Mayfair 101 fund.The investment banks' remit includes considering all potential options, including a break-up and/or sale of the Toll Holdings business.
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IOOF Holdings Ltd. ABN 49 100 103 722 Level 6, 161, Collins Street Melbourne VIC 3000. 0000106196 00000 n 0000054347 00000 n

��YN:)���h�Ҭ0݀��Lao�VG�nT�`�10z�դq��C|�L4�N�}z�u}U���4?��L��\���սg%߭eRit:�4���A�|&����'nn[+�.ec��+k�֛�[�A5����5; 0000134864 00000 n 0000135357 00000 n IOOF has increased assets under management by 34.2 per cent in the first three months of 2020, largely thanks to its acquisition of ANZ Bank's superannuation and investment business, as the wealth giant begins to stem the flow of customer exits following the scathing Hayne royal commission.Funds under management, advice and administration (FUMA) grew to $195.6 billion over the quarter, adding just under $50 billion since December 2019. 0000179504 00000 n

0000014865 00000 n 0000090052 00000 n 0000134837 00000 n 0000055011 00000 n IIML is the Trustee of the IOOF Portfolio Service Superannuation Fund (Fund), ABN 70 815 369 818. eXpand consists of eXpand Super and eXpand Pension which are superannuation and pension products forming part of the Fund. 0000025732 00000 n 0000106537 00000 n 0000000016 00000 n 0000026187 00000 n “Our stakeholders are pleased to see the momentum in the business,” IOOF chief executive Renato Mota told “Certainly there is a lot more certainty around the direction of IOOF. 0000002076 00000 n 0000008053 00000 n 0000006379 00000 n 0000007405 00000 n 0000023976 00000 n We have responded well to the crisis.”Shares in IOOF were up 15.38 per cent to $4.35 by 2pm in afternoon trade on Thursday, as IOOF's retail super and investment management business saw net outflows of $81 million, an almost 40 per cent improvement on first quarter 2019, when customers ripped out $129 million in the immediate aftermath of the royal commission.Its portfolio and estate administration business – which includes financial adviser-facing platforms IOOF Essential, eXpand and Shadforth Portfolio Service – gained inflows of $180 million, in line with the previous corresponding period.


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