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Showing 411 - 420 of 1655 results for "MLC"

FSC appoints new board member

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
The Financial Services Council (FSC) has appointed MLC Wealth acting managing director Andrew Morgan to its board. Morgan joined MLC Wealth in 2019 as chief corporate services officer before becoming acting managing director in November 2020, after ...

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
... including Advice 2.0 and Evolve," Mota said. "We are progressing well and meeting targets to enable the completion of the proposed MLC acquisition before 30 June 2021." So far, Mota said Advice 2.0 has seen practices with $363 million in funds under ...

MLC Life appoints transformation lead

JAMIE WILLIAMSON  |  THURSDAY, 28 JAN 2021
MLC Life Insurance has welcomed a new chief innovation and transformation officer who has previously held roles with AIA Australia and NAB. Rick Wingfield has taken on the role, replacing acting chief innovation and transformation officer Tahir Tanveer. ...

AMP Bank boss exits

KARREN VERGARA  |  THURSDAY, 21 JAN 2021
... to its executive line-up, announcing appointees who will report to chief executive George Frazis. Nicholas Allton, a former MLC and Macquarie Group executive, was named as the group general counsel and company secretary. He was at MLC for over a year ...

Vanguard growth ETFs shine

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... VDGR has some $344 million in assets and similarly invests in underlying Vanguard funds, allocating 70% to growth assets. MLC Horizon 7 Accelerated Growth Portfolio (8.4% p.a.), which charges management fees of 1.1% p.a. along with 0.04% p.a. of indirect ...

ASIC bans former IOOF, MLC adviser

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Jim Pavlidis has been banned from providing financial services for three years, after it was revealed he was not adequately trained. ASIC said that a review of the advice given by Pavlidis between 2004 and 2018 found that he failed to provide financial ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... the share price," Credit Suisse said. "Even allowing for a ~30% decline in earnings (excluding synergies) at IOOF, ANZ and MLC between FY20-24E we still see IFL trading on 7x FY24E EPS which more than compensates for these risks. We expect the operational ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...

CountPlus firm completes tuck in acquisition

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... Advisers has joined Count Financial as a member firm, following Ascent Private Wealth's transition to CountPlus from the MLC Wealth dealer group in November. Further to this, CountPlus flagged that it will continue tuck-in acquisitions and reported ...