IOOF liability ‘plain as a pike staff’, APRA says at start of trial

Arnold Bloch Leibler 2019-07-01 10:47 pm By Amelia Birnie | Sydney

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The prudential regulator has opened the first day of its case against IOOF directors and entities by claiming the wealth manager’s liability is “plain as a pike staff”, as IOOF contends the regulator’s case is “artificial and theoretical” and “overly simplistic”.

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