IFL 2.28% $2.69 insignia financial ltd

ASIC sues IOOF-owned RI Advice and former adviser, page-3

  1. 432 Posts.
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    Does anyone with a legal background have insight into who would be liable for this (IOOF or ANZ)? I honestly have no clue and best guess would tell me it would all depend on the details of the deal when ANZ sold RI to IOOF...

    In either case I can see how on the surface another legal issue doesn't look great for IOOF (despite it being for something that predates IOOF ownership over RI)
 
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