Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 43 results for "NULIS Nominees"

NAB MySuper class action heads to Federal Court

JAMIE WILLIAMSON  |  MONDAY, 12 APR 2021
Maurice Blackburn's class action against MLC Nominees and NULIS Nominees has moved to the Federal Court, following a decision late last year. The class action brought by Maurice Blackburn against MLC Nominees and NULIS in January 2020 on behalf ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... obtained funds between $1000 and $28,000 from 168 client superannuation accounts for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and October 2017. ASIC also alleges between August 2017 ...

World largest asset owners increase ESG, AUM

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... combined at 7%. AustralianSuper ranked 43rd in the Asset Owner top 100 followed by Future Fund at 57th, Tcorp at 86th, Nulis Nominees at 89th, Aware Super 90th and BT Funds Management at 98th. The largest asset owner is the Government Pension Investment ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
APRA has issued directions and imposed new licence conditions on NULIS Nominees to improve its governance and controls to ensure members' best interests. The directions and additional licence conditions require NULIS to record how it considers members' ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... to the Federal Court for determination." Finally, ASIC provided an update on its similar action against MLC and NULIS Nominees, saying the hearing has concluded and judgment on liability and penalty has been reserved. As for the separate fees-for-no-service ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... favour of the complainant. Following AustralianSuper was Rest with 193 complaints, AMP Superannuation with 151 and Nulis Nominees with 122. The data also revealed the most complained about investment and advice products were derivatives, hedging and ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... trustee duties in a way that cause substantial losses to members. It names two NAB group entities, MLC Nominees and NULIS Nominees. MLC Nominees was the trustee of The Universal Super Scheme which merged with others to become the MLC Super Fund in July ...

Boutique fund manager chief retires

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... spokesperson said. Schubert has since taken on a non-executive directorship on the board of NAB superannuation trustee NULIS Nominees. Before joining Cooper Investors, he spent four years at Mercer as the leader of strategic client partnerships and future ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
NULIS Nominees has added a former Vanguard Australia director and three other non-executive directors to its board, as ASIC chases it in Federal Court. NULIS, which oversees NAB's superannuation funds with $75 billion in assets under management ...

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
... shows NAB's superannuation trustee has met its additional license conditions. Almost three years after ASIC set NULIS Nominees additional license conditions for breakdowns in its internal procedures, the NAB superannuation trustee has finally satisfied ...