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Showing 171 - 180 of 184 results for "MLC Life"

ANZ wealth sale marks end of an advice era

ALEX BURKE  |  FRIDAY, 4 NOV 2016
... and the move follows Suncorp exiting advice, Bankwest closing its salaried advice division and NAB selling 80% of its MLC life insurance business to Nippon Life. Speaking to Financial Standard, recently-appointed AdviceIQ consultant and former Premium ...

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... just $352 million, down 94.4% year on year, as a result of its divestment from CYBG and Nippon Life's purchase of 80% of MLC Life. However, cash earnings rose 4.2% to $6.48 billion. Despite recent speculation, there was also no change to investor dividends ...

MLC and NAB expand direct life insurance

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
MLC Life Insurance is capitalising on its affiliation with NAB to increase the distribution of the NAB Essential Life product. Access to NAB Essential Life will not require the consult of an adviser or planner, and will be available throughout NAB's ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
... referring to the Code as "a landmark agreement to further the industry in building consumer trust in life insurance." MLC Life Insurance chief executive David Hackett said: "We support and have signed this Code with clear intent: We want to ensure all ...

Former AustralianSuper chair joins ME board

MARK SMITH  |  MONDAY, 10 OCT 2016
... not-for-profit boards and was chair of AustralianSuper between 2007 and 2013. She recently retired as a director of the MLC life and administrator board. Rubin is currently a director of Mirvac Group, Touchcorp, Transurban Queensland, Victorian Funds ...

NAB and Nippon Life complete sale

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... National Australia Bank's life insurance business to Nippon Life was finalised yesterday. Following the sale NAB said its MLC Life Insurance business would see changes to the board of parent entity, MLC Limited. Joining the MLC board as chairman is Peter ...

Energy Super selects group insurer

MARK SMITH  |  MONDAY, 5 SEP 2016
... industry fund Energy Super has chosen who will provide its group salary continuance insurance. Effective from 5 September, MLC Life Insurance has won the contract in what the life company has described as "a significant announcement for MLC Life Insurance ...

MLC extends Rio Tinto insurance partnership

DARREN SNYDER  |  WEDNESDAY, 24 AUG 2016
... the firm. MLC is already the insurer for the RTSSF's personal division members. General manager of group insurance at MLC Life, Suzanne Smith, said: "We are delighted to have been chosen and to extend our strong working relationship with the Rio Tinto ...

Bank love affair with wealth management waning

KERRIE SYDEE  |  MONDAY, 16 MAY 2016
... been seen the scaling back of a number of wealth management arms. Recently National Australia Bank (NAB) sold 80% of its MLC life insurance business to Japan's Nippon Life for $2.4 billion. This was followed by its demerger with Clydesdale in the UK ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...