Search Results | Showing 31 - 40 of 64 results for "NULIS" |
| | ... remediation had passed $250 million and could reach $850 million. This includes includes more than $100 million for NAB and NULIS after its plan service fee debacle was revealed during Royal Commission public hearings. Earlier this month Commonwealth ... |
| | | ... studies to determine whether an investigation is required. This is in addition to the actions already commenced against NAB's Nulis and MLC, as well as Dover Financial Advisers and Terry McMaster. Aside from the Royal Commission case studies, ASIC is ... |
| | | ... he played 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 ... |
| | | ... just 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 ... |
| | | ... 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 ... |
| | | ... ranked 86th; TCorp ranked 92nd and QSuper secured 97th place. Master trusts and outsourced CIO models like NAB/MLC's Nulis Nominees came in at 76th with nearly $104 billion; BT Funds Management is in 87th spot with about $93 billion; Colonial First ... |
| | | ... this matter remain uncertain," NAB said. In addition, ASIC commenced Federal Court proceedings on 6 September 2018 against NULIS Nominees and MLC Nominees in relation to PSF. NAB has factored the outcome of this event as a contingent liability but what ... |
| | | ASIC commenced Federal Court action against MLC Nominees and NULIS today in relation to the significant advice fees charged to superannuation members despite no financial advice being provided. ASIC alleges NULIS and MLC Nominees - the current and former ... |
| | | ... adviser. NAB/MLC's PSF compensation figure reached $87.1m, jumping from the $67.1m it originally reported in July. Former NULIS Nominees chair Nicole Smith, the trustee for MLC's super funds, told Hayne PSFs deducted from members NAB wasn't entitled ... |
| | | ... document. Counsel assisting Michael Hodge said it is open to Commissioner Kenneth Hayne to find that NAB and its two trustees, Nulis Nominees and MLC Nominees, breached the Corporations Act and Superannuation Industry Act with respect to plan service ... |
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