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Showing 1 - 10 of 24 results for "MLC Super Fund"

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
A former financial adviser was sentenced to jail for facilitating the illegal early access of clients' superannuation to the tune of $1.5 million. Victoria-based Ahmed Saad operated Saad Wealth Management between 10 April 2012 until 16 October 2017 ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... 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.

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... 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 and October 2017, Saad attempted to obtain a ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... 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 and October 2017, Saad attempted to obtain a ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... MySuper Balanced Equity Trustees' Aon MySuper (lifecycle) IOOF Mercer Superannuation's SmartPath (lifecycle) MLC Super Fund (lifecycle) Prime Super Suncorp's Lifestage Funds (lifecycle) Tidswell's Max Super Fund (lifecycle) APRA deputy ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... solutions group executive Tim Steele said MLC has conducted a comprehensive review of the pricing structure across the MLC Super Fund after consulting members, employers and advisers in advance of these changes. "As a result of this review we will be ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... NULIS Nominees. MLC Nominees was the trustee of The Universal Super Scheme which merged with others to become the MLC Super Fund in July 2016 - NULIS was the trustee of that fund. The class action alleges MasterKey Business Super and Personal Super default ...

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... Bentham and William Roberts will allege NULIS breached its obligations to act in the best interests of members of the MLC Super Fund. The fees in question were allegedly levied in order to pay commissions and other fees to advisers. It is alleged these ...

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... ratings are: Hostplus, LUCRF Super, Prime Super, REI Super, TWUSUPER, Commonwealth Superannuation Corporation, MLC Super Fund and ANZ Australian Staff Superannuation Scheme. Some 144 not-for-profit funds dominated the list; the remaining were retail-based ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... from client superannuation accounts. This amounted to $1.4 million taken from Nulis Nominees (the trustee of the MLC Super Fund) that Saad rebated back to clients. In March 2017, Apogee and Nulis first identified large adviser fees charged to the superannuation ...
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