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Showing 21 - 30 of 49 results for %22NULIS Nominees%22

Boutique fund manager chief retires

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... spokesperson said. Schubert has since taken on a non-executive directorship on the board of NAB superannuation trustee NULIS Nominees. Before joining Cooper Investors, he spent four years at Mercer as the leader of strategic client partnerships and future ...

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
... shows NAB's superannuation trustee has met its additional license conditions. Almost three years after ASIC set NULIS Nominees additional license conditions for breakdowns in its internal procedures, the NAB superannuation trustee has finally satisfied ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
ASIC has commenced Federal Court action against MLC Nominees and NULIS today in regards to fees for no service, filing a statement of agreed facts and admissions. ASIC alleges NULIS and MLC (as the current and former superannuation trustees of NAB) ...

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... ongoing review of the four major banks and other financial institutions. Other funds set to appear include Suncorp, Nulis Nominees Australia and Rest. IFM Investors, Industry Super Australia, the Association of Superannuation Funds of Australia will ...

Former NAB adviser sentenced

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... of more than $160,000. Between March and December 2016, the former NAB adviser netted $166,500 from the MLC and NULIS Nominees accounts of his clients, without their authorisation. Using their confidential information, Eung created false bank accounts ...

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
IMF Bentham and William Roberts Lawyers will bring a class action against MLC's super fund trustee NULIS Nominees relating to excess fees charged to members for adviser commissions. IMF Bentham and William Roberts will allege NULIS breached its ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... deception. It is alleged that between March 2016 and December 2016 Eung netted $166,500 from accounts held with MLC and Nulis Nominees despite the account holders not authorising the withdrawals. Eung was a licensed by NAB from May 2015 to December 2016. ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... down the seriousness of the fees-for-no-service issue. Nicole Smith, who is the former chair of NAB subsidiary NULIS Nominees, left the group shortly before she was due to appear before the Commission. Smith resigned in June 2018 and was replaced with ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... days before the Royal Commission public hearings kicked off last year, and commenced civil proceedings against NAB/NULIS Nominees in September. "Despite ASIC's investigation, the evidence led in the Commission showed that some entities may have continued ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... obtaining funds between $1000 and $28,000 from client superannuation accounts. This amounted to $1.4 million taken from Nulis Nominees (the trustee of the MLC Super Fund) that Saad rebated back to clients. In March 2017, Apogee and Nulis first identified ...