Business Services Industry

Bridges burnt by IOOF/AWM merger.

Australasian Business Intelligence, December, 2008

Byline: Liam Egan

Dec 09, 2008 (Money Management - ABIX via COMTEX) -- The amalgamation of Australian Wealth Management and IOOF is seen by some independent regional dealer groups as a chance to boost client numbers at credit unions. For instance John Ives, the chairman of OzPlan Financial Services, says the merger creates a "definite opportunity" for the Ballarat-based agency to cater to credit union members. Ives says that after the merger, OzPlan will contact local credit union branches to see if they are satisfied with the ...

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