IOOF to face second shareholder class action

IOOF to face second shareholder class action

Shine Lawyers have secured funding for a shareholder class action that stretches back to share price losses following allegations of misconduct aired by The Age and Sydney Morning Herald in 2015.

  • byCharlotte Grieve

Latest

'Dragging the chain':IOOF pays dividend but holds fire on compensation

'Dragging the chain':IOOF pays dividend but holds fire on compensation

Delays to IOOF's purchase of ANZ's wealth arm have eaten into in its underlying interim profit,as analysts question whether it has set aside enough funds for remediation.

  • byCharlotte Grieve
APRA ticks off on ANZ sale of super business to IOOF

APRA ticks off on ANZ sale of super business to IOOF

The financial regulator has given its stamp of approval for IOOF to buy ANZ Bank's superannuation business.

  • byClancy Yeates
ANZ's Elliott confident regulator will approve IOOF deal

ANZ's Elliott confident regulator will approve IOOF deal

The bank boss was also quizzed on the environment and secondary boycotts.

  • bySarah Danckert
ASIC pursues former ANZ planner over'serious conduct'

ASIC pursues former ANZ planner over'serious conduct'

A former ANZ-owned advice business faces court action over a planner who allegedly put people approaching retirement into complex investment products.

  • byClancy Yeates
ASIC imposes extra licence conditions on IOOF

ASIC imposes extra licence conditions on IOOF

Corporate governance and compliance to be stepped up as part of business restructure

  • byStephen Miles
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ANZ takes $125m haircut on IOOF super sale

ANZ takes $125m haircut on IOOF super sale

ANZ Bank will receive $125 million less than previously expected for its superannuation business,which it has agreed to sell to IOOF.

  • byClancy Yeates
'I was in despair,my demons were loudest at night':IOOF whistleblower speaks out
Investigation
Hayne fallout

'I was in despair,my demons were loudest at night':IOOF whistleblower speaks out

The whistleblower who revealed serious wrongdoing at IOOF speaks for the first time about blowing the whistle and the toll it took on his mental health and relationships.

IOOF legal loss exposes it to tens of millions in compo
Opinion
Trusts

IOOF legal loss exposes it to tens of millions in compo

An IOOF trustee company has been found liable to pay compensation to thousands of investors for breaching its duties.

  • byAdele Ferguson
APRA fails in legal action against IOOF

APRA fails in legal action against IOOF

Regulator's case described as"unpersuasive"and ordered to pay costs

  • byStephen Miles
'Unpersuasive','inadequate':APRA's botched IOOF loss bad for all savers

'Unpersuasive','inadequate':APRA's botched IOOF loss bad for all savers

APRA suffers a humiliating defeat in the federal court in a legal case described as having systemic weaknesses.

  • byAdele Ferguson