Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 641 - 650 of 1656 results for "MLC"

New life insurer is RC good news story

HARRISON WORLEY  |  THURSDAY, 7 MAR 2019
... culture in line with the requirements of the Royal Commission. They have to replace their legacy systems, and we've already seen MLC start that process at a cost of $500 million. "So I think that's going to leave them with really little time to actually ...

APRA hires former MLC Life executive

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
The former chief customer officer of group insurance at MLC Life Insurance has joined the prudential regulator. APRA confirmed Suzanne Smith has taken on the role of general manager of superannuation for the specialised institutions division. Melbourne-based ...

TAL hires former Rest executive

KARREN VERGARA  |  FRIDAY, 1 MAR 2019
... operating officer in June 2018, a role he held for about three years. Prior to Rest, he held senior roles at NAB Asset Management, MLC and Accenture. TAL also announced its acquisition of Suncorp Life finalised overnight. Suncorp flagged in August 2018 ...

Industry super performance moves members: Research

HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
... close by. The two retail funds to make the cut were Macquarie and Colonial First State. Other retail funds AMP, Suncorp and MLC were recognised by the researcher as the major super funds with the lowest satisfaction beyond the top 10. Despite KPMG's ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... Financial Group and AustralianSuper are also expected to be impacted by the changes if legislated. The top 10 is rounded out by MLC Super, Commonwealth Bank and Cbus, based on APRA statistics for the September 2018 quarter. Rainmaker executive director ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure and ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... 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 also looking ...

MGP chair steps down

KARREN VERGARA  |  MONDAY, 11 FEB 2019
... Administration (now owned by Mercer). His previous experience includes executive and director roles at StatePlus, Challenger, MLC and Grant Thornton. Earlier this year, MGP made several changes to its leadership team, which included two promotions. Pamella ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
The bank's separation from MLC is likely to be delayed. NAB said it was likely the planned divestment of its wealth management arm MLC would be delayed as far as June 2020. The bank said that while more detail was yet to arrive about the proposed legislative ...

Platforms steady after Royal Commission

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
Platforms at the big four banks, AMP and IOOF can breathe a sigh of relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow ...