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Showing 31 - 40 of 55 results for "MLC Super"

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... 2015. Two years ago, NAB merged five of its super funds into one, creating the largest retail fund in the country. The MLC Super Fund comprises MLC MasterKey and Plum superannuation offerings, and at the time was worth $70 billion in funds under management. ...

FSC appoints UBS, Mercer heads

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... the annual general meeting on October 29. They replace outgoing directors ANZ deputy chief executive Alexis George and MLC Super chief executive Matthew Lawrence. FSC has confirmed Challenger's outgoing chief executive Brian Benari will retain his co-deputy ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... 912A(1)(a) and 912A(1)(c) of the Corporations Act; Retaining grandfathered commissions after members were transferred to the MLC Super Fund in July 2016, after former Nulis chair Nicole Smith admitted that members would have been in a better position ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... Australia Managed Funds, Westpac and Teachers Federation Health. Promnitz first joined the board responsible for the MLC Super Fund and products such as Plum, MasterKey Super, MasterKey and Wrap as a non-executive director in December 2017. He is also ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... provided an opportunity to remove them. In July 2016, NAB merged five of its superannuation funds into one to create the MLC Super Fund, which included MLC MasterKey and Plum superannuation offerings. At the time, the merged fund had about $70 billion ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... service fee was introduced in 2012 in an effort to help MKPS members access general advice regarding their superannuation, MLC Super chief executive Matthew Lawrance said. The move is off the back of corporate regulator ASIC engaging in "ongoing discussions" ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... investment priorities to better deliver for customers and enhance its competitive position." Based on Rainmaker data, the MLC Super Fund - which was created when NAB merged its MLC MasterKey and Plum superannuation offerings - is one of the largest retail ...

MLC, Colonial First State make key appointments

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
... prudential oversight and compliance with all governance related activities for the CFS suite of products and services. MLC Super chief executive Matthew Lawrance said: "The appointment of Sam, with his experience and track-record in financial services ...

Australian Unity chair joins NAB

EMMA RAPAPORT  |  THURSDAY, 21 DEC 2017
... Australian Unity chair Peter Promnitz has been appointed as a non-executive director, joining the board responsible for the MLC Super Fund and products such as Plum, MasterKey Super, MasterKey and Wrap. He will also sit on the MasterKey and Plum Investment ...

Centuria Capital appoints Macquarie veteran to board

ALEX BURKE  |  WEDNESDAY, 6 DEC 2017
Centuria Capital has appointed Macquarie's former risk management division director to its board. Evelyn Horton joins the board while also serving as a director at MLC Superannuation Trustees, Motor Accidents Insurance, Mission Australia and the Tasmanian ...