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Showing 41 - 50 of 91 results for "MLC Wealth"

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
The former general manager of regulatory change and remediation at MLC Wealth has moved to law firm Ashurst. Chris Baker spent more than 12 years with National Australia Bank and MLC in various leadership roles and was general manager, regulatory change ...

MLC Life hires wealth and partnerships lead

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... team, hiring a former general manager of distribution from Integrity Life. Suzie Brown is the new general manager of MLC wealth and corporate partnerships. Brown will manage the partnership with MLC Wealth and build out corporate distribution capabilities. ...

MLC appoints new head of insto distribution

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... was needed as part of the ongoing transition of the MLC business as it separates from NAB, a spokesperson confirmed. MLC Wealth, including the asset management business, was acquired by IOOF in a deal worth $1.4 billion in August. NAB made the decision ...

MLC Wealth risk lead departs

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
A chief risk officer at MLC Wealth has departed the business, with an acting chief appointed for the interim. Julia Pryor finished in her role as acting chief risk officer for the retirement and investment solutions and platforms division at MLC Wealth ...

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 ...

QIC appoints committee chair

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... 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
... 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 sale of ...

MLC Wealth hires risk chief from QIC

KANIKA SOOD  |  MONDAY, 10 AUG 2020
MLC Wealth has hired QIC's long-standing chief risk officer in a similar role. David Clarke will join MLC Wealth in October as chief risk officer. Clarke joined QIC in 2007 and has led the risk function for the past seven years. Prior to this, he ...

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... "This applies when an adviser service fee is added or changed on a member's account." In response to media reports that MLC Wealth subsidiary charged customer's more to access external managed funds NULIS defended the position. "There is a higher administration ...

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
... been appointed to the FSC board. The board is made up of the country's wealth management business leaders, including MLC Wealth chief executive Geoff Lloyd, Mercer chief executive David Bryant, TAL Group chief executive Brett Clark, AIA chief executive ...