Search ResultsShowing 1 - 10 of 21 results for "NULIS Nominees"
MLC faces class action over adviser fees
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
IMF Bentham and William Roberts Lawyers will bring a class action against MLC's super fund trustee NULIS Nominees relating to excess fees charged to members for adviser commissions. IMF Bentham and William Roberts will allege NULIS breached its ...
Former NAB adviser charged
JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... It is alleged that between March 2016 and December 2016 Eung netted $166,500 from accounts held with MLC and Nulis Nominees despite the account holders not authorising the withdrawals. Eung was a licensed by NAB from May 2015 to December 2016. ...
NAB calls trading halt
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... the seriousness of the fees-for-no-service issue. Nicole Smith , who is the former chair of NAB subsidiary NULIS Nominees, left the group shortly before she was due to appear before the Commission. Smith resigned in June 2018 and was replaced ...
ASIC enforcement must get tough: Commissioner
KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... before the Royal Commission public hearings kicked off last year, and commenced civil proceedings against NAB/NULIS Nominees in September. "Despite ASIC's investigation, the evidence led in the Commission showed that some entities may have ...
ASIC permanently bans former Apogee adviser
KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... funds between $1000 and $28,000 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 ...
Aussie funds among the world's largest asset owners
KANIKA SOOD  |  MONDAY, 12 NOV 2018
... TCorp ranked 92nd and QSuper secured 97th place. Master trusts and outsourced CIO models like NAB/MLC's Nulis Nominees came in at 76th with nearly $104 billion; BT Funds Management is in 87th spot with about $93 billion; Colonial First State ...
NAB signals more bad advice remediation
KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... remain uncertain," NAB said. In addition, ASIC commenced Federal Court proceedings on 6 September 2018 against NULIS Nominees and MLC Nominees in relation to PSF. NAB has factored the outcome of this event as a contingent liability but what it will ...
Retail super funds reject MySuper delays
KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... PSF compensation figure reached $87.1m, jumping from the $67.1m it originally reported in July. Former NULIS Nominees chair Nicole Smith, the trustee for MLC's super funds, told Hayne PSFs deducted from members NAB wasn't entitled to ...
Retail super funds in hot water: Royal Commission
KARREN VERGARA  |  MONDAY, 27 AUG 2018
... assisting Michael Hodge said it is open to Commissioner Kenneth Hayne to find that NAB and its two trustees, Nulis Nominees and MLC Nominees, breached the Corporations Act and Superannuation Industry Act with respect to plan service fees (PSF) ...
Super funds cop governance grilling
HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... for access to a financial adviser which was never properly linked to their account, NAB superannuation trustee NULIS Nominees was questioned as to whether it was governing funds in the best interest of its members. Counsel assisting Michael Hodge ...
PAGE:
1
2
3
PREVIOUS
NEXT
Link to something zbpm9cbT