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

Search Results

Showing 101 - 110 of 728 results for %22MLC Super%22

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum in the year to May 2021, beating the benchmark of 15.2% p.a. MLC MasterKey Super Fundamentals' BlackRock Global Allocation Fund came in second place at 21.9% p.a. Suncorp's Lifestage ...

IOOF hires from AustralianSuper

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
... billion funds under administration (FUA) being migrated onto Evolve. The company also recently completed its acquisition of MLC Wealth from National Australia Bank, adding 406 financial advisers to IOOF and making key appointments. The merger has also ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... cover all of the clients affected. In 2018, the Hayne Royal Commission heard 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) and adviser ...

MLC Life appoints claims chief

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
MLC Life Insurance has appointed its new chief claims officer, who left QBE after more than 16 years with the insurer. On August 16, Andrew Beevors will take on the role of chief claims officer, reporting directly to chief executive Rodney Cook. Beevors ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... net addition of 188 advisers to the group during the period, bringing its total to 385. IOOF completed its acquisition of MLC Wealth on June 1. The AFSL for the newly merged group, based on ASIC's FAR, is under Consultum Financial Planning. MLC brands ...

Aware Super adds government relations head

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... building on its relationships with federal and state governments to achieve positive policy outcomes. She previously worked at MLC Life Insurance as executive lead - relationship management group insurance and at Sunsuper as executive general manager ...

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... and was most recently the chief executive of Wealth Market. Prior to this, he has worked at advice and broking businesses at MLC/NAB and as the chief executive for wealth management of Yellow Brick Road. Anna Shelley, who will be AMP Australia's ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... Yesterday, the regulator approved IOOF's application to hold a controlling stake in NULIS Nominees, the trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement with National Australia Bank to acquire the MLC wealth management business ...

Former adviser cops eight-year ban

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

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
More than half of superannuation members surveyed by MLC reveal they are taking their retirement savings more seriously and are watching the stock markets more closely than ever. About 53% of the 1004 participants that took part in the survey said they ...