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Search ResultsShowing 21 - 30 of 100+ results for "MLC"
Advisers split on COVID-19 opportunity
HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... comes to deciding whether COVID-19 is an opportunity to pick up new business, or a time to focus on existing clients. Latest MLC Wealth analysis found that the COVID-19 pandemic is challenging advisers' ability to deliver the intimate service for which ...
Industry fund swaps insurers
KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
An industry fund is moving from MLC Life to OnePath as its life insurer effective July 1 and has notified members of changes to its offering. Energy Super has chosen OnePath after a rigorous tender process, the fund told members, while notifying them ...
Former licensee head in new role
JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
The former managing director of a now-defunct dealer group has taken on a new leadership role at MLC. MLC has confirmed the appointment of Mark Fisher as general manager of Godfrey Pembroke and MLC Connect. Fisher wrapped up as general manager of Securitor ...
Almost $1bn wiped off risk market
ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
... inflows for some insurers were offset by a bad year for many. AIA recorded negative risk inflows of 29%, AMP was down 7.8%, MLC was down 4.3%, BT/Westpac recorded negative inflows of 4% and Zurich lost 3.5%. Total sales of new risk premiums were similarly ...
Super CIOs defend illiquid assets
ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... potential liquidity issues facing super funds, the chief investments officers from AustralianSuper, First State Super, LGIAsuper, MLC, QSuper, Sunsuper, TelstraSuper and QIC State Investments - representing around $600 billion in assets for more than ...
Pay cuts, dividend slashed as NAB raises capital
JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... to 30 cents per share. As part of its plan to soften the impact of COVID-19, NAB said it is accelerating the separation of MLC Wealth as a priority to ensure it is well positioned for divestment. In the half-year to March 2020, MLC Wealth contributed ...
NAB remediation bill grows
ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... 2020. The 1H20 results will see some severing of NAB's wealth business, which will be reported as a separate segment called MLC Wealth and no longer form part of consumer banking. In February, NAB warned of a delay in the offloading of MLC Wealth and ...
MLC Life executive joins AFCA
HARRISON WORLEY  |  FRIDAY, 17 APR 2020
A member of MLC Life's leadership team has been appointed lead ombudsman for investments and advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie ...
Multi-asset results mixed in COVID-19 sell-off
ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... amongst the group, with a sectorial skew to cyclical value which has been further punished during the drop," Morningstar said. "MLC WS Inflation Plus - Conservative and MLC WS Inflation Plus - Moderate maintained less aggressive equity positions at 13% ...
MLC waives licensee fees, delays dealer group transitions
JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...
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