IOOF now officially Insignia
The IOOF brand is official no more.
IOOF has announced to the Australian Securities Exchange (ASX) that its name change to Insignia Financial is now complete.
It said that the Australian Securities and Investments Commission (ASIC) had completed the name change.
The name change was announced earlier this year and endorsed by shareholders late last month.
Dont worry Frank, I'm sure the cost of this investigation and action will be incorporated into our annual levy. #GoGetThemTiger
ASIC couldn't be bothered scrutinising the misleading names of their investment options? Eg. Balanced fund but over 90% invested into…
I'm just curious - would the cost of ASIC pursuing this be greater than what is being paid?
Hi ASIC, please clarify exactly how much time, effort and resources were used for this investigation and infringement notices ?…
Any fines only come from members funds, or investment earnings reserves. It actually NEVER costs Industry Super anything directly.