An IOOF trustee company has been found liable to pay compensation to thousands of investors for breaching its duties.
UBS analysts are valuing IOOF as though it won't complete its deal to buy ANZ's pensions and investments business.
Wholesale board renewal and more senior executive changes are a cleaner solution,if IOOF is serious about rebuilding trust.
Despite an extended holiday – courtesy of legal action from the banking regulator – IOOF managing director and avid golfer Chris Kelaher remains a most interesting business figure.
Gobsmacking testimony at the royal commission won't distract from the shortcomings on display
The financial giant was accused to using money belonging to members to"repay"them after a multi-million dollar stuff up.