IOOF Holdings

IOOF’s Chris Kelaher is a pleasure to listen to, telling it straight as he always does. On yesterday’s first half results conference call, he used the opportunity to lay into the federal government’s ‘Future of Financial Advice’ reforms again, calling them ‘amateurish’ but also explaining how IOOF was making itself ready for the changes. Kelaher again suggested IOOF might actually benefit from the reforms as investors seek advice on the changes. But our view is that the high fees charged on the company’s superannuation platform products are being clearly targeted by the government’s reforms (read more about this in Fund...

IOOF’s Chris Kelaher is a pleasure to listen to, telling it straight as he always does. On yesterday’s first half results conference call, he used the opportunity to lay into the federal government’s ‘Future of Financial Advice’ reforms again, calling them ‘amateurish’ but also explaining how IOOF was making itself ready for the changes.

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