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Showing 21 - 30 of 146 results for "NAB Wealth"

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... was for the purpose of minimising any reputational impact; NAB chief customer officer and former group executive of NAB Wealth Andrew Hagger's role in dealing with ASIC. It showed disrespect for the regulator's role and a disregard for the gravity ...

Suncorp suppressed tax benefits to super members

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
... admin fee of 1.1% calculated on total member assets. In FY16, that amounted to 0.92%. Yesterday, the commission heard NAB Wealth failed to make its plan service fee issue easy to solve. Hostplus chief executive David Elia will appear before the Commission ...

NAB complicated plan service fee issue: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
NAB Wealth failed to make its plan service fee issue easy to solve, the Royal Commission heard today. Counsel assisting Michael Hodge suggested to NAB chief customer officer and former group executive of NAB Wealth Andrew Hagger that the bank's ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... their behalf." Earlier today the commission heard NULIS struggled to manage conflicts of interest between itself and NAB Wealth, in dealing with the plan service fee issue. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
Conflicts of interest between NULIS and NAB Wealth were too great for the superannuation trustee to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... Hodge said. "Does it strike you, looking at this that again there's a conflict here which is that somebody from the NAB Wealth Group needs to come to you and say we want to give up the profit in order to improve the performance of the member's ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... breaches following an ASIC investigation in February 2017. ASIC initially made enquiries into breach reports lodged by NAB wealth entities regarding NULIS. These related to a "breakdown in risk management and communication procedures" after members in ...

NAB names wealth advocate

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... across the wealth business and provide an independent voice in the interests for customers. In addition to reviewing NAB wealth's complaints processes, she will focus on the progress of the Customer Response Initiative, the advice remediation program ...

Managed accounts aid adviser time management

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... time to spend on higher value add tasks like deepening the client relationship and expanding the provision of advice," NAB Wealth distribution general manager Geoff Rogers said. Advisers are also increasingly seeing the benefits of managed accounts for ...

Activist LIC appoints new director

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... Investments and the $836 million WAM Leaders LIC. Snowden previously served as non-executive director at the up-for-sale NAB wealth management arm MLC, while also holding the chairpersonship at Antares Capital, winner of Rainmaker Group's 2017 Investment ...