Wealth and Asset Management
IOOF completes acquisition of MLC Wealth
IOOF Holdings Ltd has announced the completion of its acquisition of MLC Wealth (MLC) from National Australia Bank Limited (NAB). A new IOOF – Australia’s leading wealth manager The new IOOF will proudly serve 2.2 million clients and have approximately $500 billion in funds under management, administration and advice (FUMA)1….
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