IOOF lifts full-year profit

By Chris Kohler

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

IOOF expects increased scale from its acquisition of SFG Australia to help drive growth in the year ahead after announcing a 27 per cent lift in full-year profit.

In the 12 months to June 30, the financial services provider posted a net profit of $123. 05 million, a 27 per cent rise on the previous year.

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Read more here: Business Spectator

    

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