IOOF (company)


IOOF Holdings Limited is an Australian financial services company which offers a range of products and services including financial advice, superannuation, investment management and trustee services.
It was founded in 1846 as a friendly society and has its origins in the provision of sickness and funeral benefits prior to the widespread availability of government-funded welfare services.
IOOF demutualised in 2002 and listed on the Australian Securities Exchange in 2003.
The IOOF group has completed a number of mergers and acquisitions creating a significant financial services entity with more than $140 billion in funds under management, administration and advice and over 500,000 customers

History of IOOF

IOOF Holdings Limited originated in Melbourne in 1846 as the Victoria Grand Lodge of the Independent Order of Odd Fellows, an international friendly society. By the late 1980s, the various Australian Grand Lodges of the Independent Order of Odd Fellows combined were the largest friendly society in Australia, with approximately 200,000 members.
IOOF demutualised in 2002, formed IOOF Holdings Limited, acquired Sydney-based financial services company AM Corporation, and listed on the Australian Stock Exchange in 2003.
In 2009, IOOF Holdings Limited acquired the Australian Skandia operations and Australian Wealth Management Limited.
In 2012, IOOF acquired Plan B and in 2018 acquired SFG Australia.
In 2018, the group acquired ANZ's Aligned Dealer Group businesses and Financial Services Partners ).
The IOOF group includes the following entities:https://www.ioof.com.au/about-us/about-ioof/our-brands Our brands, IOOF Holdings Limited