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Showing 481 - 490 of 1655 results for "MLC"

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... AMP's may have been brought forward with its strategic review and IFL's pushed out with a longer pathway to scale with the MLC acquisition," the report reads. "We expect HUB24 and Netwealth operating trends to remain favourable....We have a preference ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
Following its acquisition of MLC and decision to restructure its licensees, IOOF has consolidated the leadership of its various dealer groups and announced another acquisition. Revealing the next phase of its Advice 2.0 strategy today, IOOF has restructured ...

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
HFM & Partners has made the decision to change its Australian financial services licence from MLC-owned GWM Adviser Services in light of the acquisition by IOOF. The announcement by IOOF to acquire MLC's advice business will see the creation of ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

Equity Trustees rejigs two leadership roles

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
... Beasley has been promoted to executive general manager, corporate trustee services, Australia. Beasley joined EQT in 2005 from MLC Investment Management. He was initially a relationship and product manager, then the national manager for corporate fiduciary ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... been brought by ASIC to the Federal Court for determination." Finally, ASIC provided an update on its similar action against MLC and NULIS Nominees, saying the hearing has concluded and judgment on liability and penalty has been reserved. As for the ...

QIC appoints committee chair

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... setting up the QIC global private capital office in San Francisco. QIC's chief risk officer of seven years David Clarke moved to MLC Wealth this month.

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... "actively exploring" options for the sale of its wealth management business. While a public market exit for the bank's subsidiary MLC Wealth is still on the cards, NAB noted it was also exploring alternative transaction structures - including a private ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... balance dropping by more than 0.8%. It was followed by AMP Signature Super, Hostplus, LGS, NGS Super, Grow Super, Prime Super, MLC Super, SmartSave and QSuper. Finally, for those proponents of the Future Fund becoming a default super fund, if it were ...

PAN-Tribal signs distribution deal

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
The funds management distribution house has signed an exclusive agreement to tout an infrastructure manager in the Australian wholesale market. ATLAS Infrastructure will now be distributed in the segment by PAN-Tribal. The firm was founded in 2017 with ...