Bendigo and Adelaide Bank quits financial advice in sale to IOOF

Bendigo and Adelaide Bank is joining the bank exodus out of the challenged financial advice sector, citing mounting costs as it announced plans to sell its advice business to IOOF in a $3 million deal. Bendigo is the latest Australian bank to quit financial advice.Credit:Fairfax Media The regional bank on Wednesday said IOOF-owned business, Bridges Financial Services, would pay $3 […]

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