today’s announcement makes it look like IOOF earnings will take a 20mil hit in 2020. Do you see any other upcoming hits?
6mil should be made up from Bendigo acquisition.
Net flows looking reasonable which should also provide some decent earnings growth to compensate.
Still the remediation charges to be amended by septemeber.
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- Ann: IOOF to acquire Bendigo Financial Planning Book
Ann: IOOF to acquire Bendigo Financial Planning Book, page-16
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