Taking the wraps off IOOF

Wealth management may not be everyone's favourite industry, and IOOF has a great track record of lowering costs – and increasing its own profit.

After reading John Addis’s revelations about the financial services industry last week (see The financial planning quagmire from 16 Jun 14 and Six questions for your financial planner from 18 Jun 14), you’d be forgiven for wanting nothing to do with it.

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