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Showing 41 - 50 of 55 results for "MLC Super"

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
... assets dipped 21.7% to $229.5 billion, mainly driven by the transfer of MLC insurance policies into a new super fund (MLC Super Fund) as a result of NAB selling 80% of its life insurance business under the MLC brand to Nippon Life. Consequently, life ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... Life Cover Super and Protectionfirst Super, transferred from The Universal Super Scheme to a new super fund called the MLC Super Fund, the report said. Product group performance contributed $688 million in net profit after tax. This comprises: individual ...

MLC Super welcomes new chief executive

EMMA RAPAPORT  |  FRIDAY, 7 APR 2017
NAB appointed its new chief executive of MLC Super, who will be responsible for NAB's entire superannuation and investment businesses. The internal promotion sees Matthew Lawrance move in to the top role. NAB chief executive Andrew Thorburn described ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
The trustee of Australia's largest retail super fund, the MLC Super Fund, will appoint an independent expert to review compliance breaches following an ASIC investigation. ASIC initially made enquiries into breach reports lodged by NAB wealth entities ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... announced in July it would merge five of its super funds into one, creating the largest retail fund in the country. The new MLC Super Fund comprises MLC MasterKey and Plum superannuation offerings, and represents roughly $70 billion in funds under management ...

New director for NAB super trustee

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
... trustee. Andrew Gale joins the board of NULIS Nominees, which is responsible for NAB's superannuation funds including the MLC Super Fund. Bringing 35 years' experience in financial services, Gale has previously acted as executive director of Chase Corporate ...

Former Russell CEO joins MLC trustee board

DARREN SNYDER  |  THURSDAY, 29 SEP 2016
A former chief executive at Russell Investments is now on the board of NULIS Nominees, the trustee for the MLC Super Fund. Recently joining the NULIS board as an independent non-executive director is Alan Schoenheimer. He has more than 25 years' experience ...

Millennials getting personal with ANZ robo-adviser

ALEX BURKE  |  FRIDAY, 22 JUL 2016
... Panelist and MLC general manager, retail super and investments Kathy George said achieving that seamless engagement with MLC super products has been a significant investment focus - probably even more so now that MLC operates Australia's largest retail ...

New $70bn MLC fund gives retail access to unlisted

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The scale advantages of the $70 billion merged MLC Super Fund will deliver better returns to members through access to the unlisted space, according to NAB Wealth executive general manager Paul Carter. Speaking on a panel on superannuation fund scale ...

NAB merger creates largest retail super fund

ALEX BURKE  |  THURSDAY, 14 JUL 2016
NAB has merged five of its super funds into one, creating the largest retail fund in the country. The new MLC Super Fund comprises MLC MasterKey and Plum superannuation offerings, and represents roughly $70 billion in funds under management - this makes ...