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Showing 111 - 120 of 1678 results for "MLC"

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... were TAL ($5.06 billion, 31.3% market share, AIA ($3.45 billion, 21.3% share), Zurich/OnePath ($2.41 billion, 14.9% share), MLC Life ($1.83 billion, 11.3% share), and Resolution Life - the AMP legacy book now in run-off - with $1.26 billion or a 7.8% ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... Insignia to net inflows will be a multi-year story, as will be the cost optimisation," analysts said. "Integration of the MLC and ex-ANZ Advice business and resolving legacy issues is proving to be more complex and expensive than initially expected ...

Acenda forms innovation function to create new insurance propositions

ANDREW MCKEAN  |  TUESDAY, 29 APR 2025
Acenda, created pending the merger of MLC Life Insurance and Resolution Life Australasia, has formed an innovation function led by a Suncorp veteran. Acenda said the new division will initially focus on supporting the development of new insurance propositions ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
Future Group is growing again, taking on the Zurich Master Superannuation Plan and a small MLC product. The Zurich Master Superannuation Plan will be merged into the Smart Future Trust alongside the MLC Insurance Only product that currently sits inside ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... negative market movements and $608 million in pension payments, though partially offset by net inflows of $393 million. The MLC Expand Advised products saw close to $500 million in net inflows in the quarter. The super, or Master Trust, division was ...

Ex-MLC private equity exec joins Melbourne boutique

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
A former director at Temasek and co-head of private equity at MLC Asset Management has popped up as an adviser at a boutique fund that specialises in mid-market commercial real estate debt and equity. Kristian Zimmermann is one of two strategic appointments ...

GESB expands leadership team

JAMIE WILLIAMSON  |  MONDAY, 14 APR 2025
... strategic enablement consulting partner to the fund. She's also previously served in leadership roles at AIA Australia, NAB, MLC and Colonial First State. At GESB, Smith is responsible for member and employer experience, while also ensuring value ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... administration fees of $70 and $80 per year on a $50,000 balance. Rest, the slowest trustee, charged $130. Nulis, the trustee for MLC, charged the highest MySuper administration fee among the funds reviewed - $200 annually on a $50,000 balance. Yet it ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... Insignia said investigations are ongoing but that it hasn't observed similar activity on other customer facing platforms. MLC Expand chief executive Liz McCarthy said suspicious activity has been detected on around 100 Expand Wrap Platform customers' ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... Avanteos (Colonial First State), Brighter Super, Commonwealth Superannuation Corporation, HESTA, Hostplus, NM Super (AMP), Nulis (MLC), Rest, and UniSuper, found widespread failures. ASIC found examples of excessive delays and poor service, gaps in trustee ...