IOOF's problems in its financial planning arms follows explosive revelations of misconduct by senior IOOF staff, including allegations of insider trading, claims of front-running, misrepresentation of performance figures, faulty research reports and junior staff asked to cheat on training and compliance modules on behalf of their boss. IOOF's head of advice research, Peter Hilton, is at the centre of allegations that he asked junior staff to cheat on compliance and training modules on his behalf. Mr Hilton was also subject to an internal investigation into possible front running on behalf of a relative and plagiarising research reports.