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IOOF CFO slams disqualification case as ‘egregious’ example of impulsive enforcement
Financial Services July 16, 2019 5:12 pm By Amelia Birnie

Lawyers for IOOF chief financial officer David Coulter have dismissed APRA’s allegations that he breached his superannuation duties as commercially “naïve”, “absolutely desperate” and a […]

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‘Stalinist’ APRA deterring ‘good people’ from super industry, ex-IOOF directors say
Financial Services July 12, 2019 8:08 pm By Amelia Birnie

The former directors of troubled fund manager IOOF have slammed APRA for bringing a “truly hopeless” disqualification case against them, telling a court the prudential […]

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APRA had ‘unhinged hatred’ of IOOF exec, court told
Financial Services July 3, 2019 7:49 pm By Amelia Birnie

APRA has been accused of harbouring an “unhinged hatred” for former IOOF managing director Chris Kelaher by his counsel, who was objecting to internal APRA […]

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IOOF liability ‘plain as a pike staff’, APRA says at start of trial
Financial Services July 1, 2019 10:47 pm By Amelia Birnie

The prudential regulator has opened the first day of its case against IOOF directors and entities by claiming the wealth manager’s liability is “plain as […]

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IOOF execs slam APRA for last-minute discovery as trial looms
Financial Services June 6, 2019 7:47 pm By Amelia Birnie

Former executives of wealth manager IOOF facing disqualification proceedings by the Australian Prudential Regulation Authority have criticised the prudential regulator for a late and extensive […]

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Judge questions redacted funder’s commission in IAG class action
Class Actions May 24, 2019 1:46 pm By Miklos Bolza

A judge has raised questions about a redacted funding agreement in a class action against two IAG units over allegedly worthless add-on insurance products, saying […]

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Judge finds real risk of ASIC case against former IOOF exec
Financial Services May 20, 2019 9:05 pm By Amelia Birnie

Former IOOF chairman George Venardos will be allowed to object to incriminating evidence and discovery in proceedings brought by APRA, after a court found there […]

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APRA ordered to hand over ASIC chats about IOOF exec
Financial Services May 14, 2019 9:06 pm By Amelia Birnie

APRA has been ordered to hand over all of its correspondence with fellow regulator ASIC relating to former IOOF chairman George Venardos, as he prepares […]

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