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APRA approves MLC super takeoverBY ELIZABETH MCARTHUR | FRIDAY, 7 MAY 2021 12:04PM
APRA has given IOOF the go-ahead to take over MLC's superannuation business.
Read more: IOOF, APRA, MLC Super, NULIS Nominees, MySuper, NAB, MasterKey, Maurice Blackburn, MLC Wealth f, National Australia Bank, Royal Commission, Superannuation Industry Act
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IOOF has appointed ClearView's chief risk officer to a newly created role, with ClearView nabbing the former chief of risk for Commonwealth Bank's wealth management arm.
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index.
Plenary has bolstered its funds management business, nabbing seven professionals who all worked on one AMP Capital fund.
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service.
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