Search ResultsShowing 1 - 10 of 15 results for "Nicole Smith"
NAB calls trading halt
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... his appearance at the Royal Commission, when he played down 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 ...
Retail super funds reject MySuper delays
KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... 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 did not constitute a ...
Retail super funds in hot water: Royal Commission
KARREN VERGARA  |  MONDAY, 27 AUG 2018
... commissions after members were transferred to the MLC Super Fund in July 2016, after former Nulis chair Nicole Smith admitted that members would have been in a better position if they did not have to pay the commissions; and Nulis putting ...
Super funds cop governance grilling
HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... funds in the best interest of its members. Counsel assisting Michael Hodge put it to former NULIS chair Nicole Smith that the trustee was "hopelessly conflicted" and "simply couldn't manage the conflicts," after Smith's testimony ...
ASIC defends enforceable undertakings at Royal Commission
KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... conditions] one above the other," he said. Hodge countered this by pulling out an ASIC letter to NULIS chair Nicole Smith and Andrew Hagger that showed ASIC saying it had a preference for an enforceable undertaking. "What it reflects is that we ...
NAB CEO apologises over super failures
HARRISON WORLEY AND DARREN SNYDER  |  FRIDAY, 10 AUG 2018
... about fees for no service, as well as delays in properly remediating members. Former NULIS Nominees chair Nicole Smith agreed these actions took too long and in some part blamed the administrator. In Thorburn's response yesterday he ...
We have won the battle, not the war: AustralianSuper CEO
HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... in dealing with the plan service fee issue. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't manage the conflicts" between itself and other related parties in the plan service fee ...
Conflict of interest too great for NULIS: Royal Commission
HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't manage the conflicts" between itself and other related parties in the plan service fee issue ...
MLC MySuper investment budget was tight-fisted: Royal Commission
KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... the performance of its lagging MLC MySuper product, the Royal Commission heard. Resuming former NULIS chair Nicole Smith's questioning on day three, senior counsel assisting Michael Hodge attempted to highlight conflicts of interest in ...
NAB compensation delays hopelessly conflicted: Royal Commission
KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
... This is the observation of Senior Counsel Assisting Michael Hodge as he grilled former chair of NULIS Nominees, Nicole Smith. Hodge said NAB's wealth division continued to deduct planned service fees (PSF ) from members to increase its profit ...
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