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

Search Results

Showing 651 - 660 of 1656 results for "MLC"

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... September. Insurers had paid out $6.1 billion to advisers in commissions for selling life insurance products over five years. MLC paid out $1.2 billion, OnePath paid $1 billion, TAL $840 million, Westpac $697 million (plus $158 million in grandfathered ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... reasons. Before joining Milford, Swann was general manager of boutiques at nabInvest and is a former general manager, strategy at MLC. Milford's head of product and operations Mark Ryland has been appointed acting chief executive while a search is conducted ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... Zealand Life Insurance, icare, Quintessence Labs and SBS. He is a former chairman at Stateplus and director at Crowe Horwath and MLC among other roles. Former Franklin Templeton Investments Australia managing director Maria Wilton was also among AM list. ...

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
MLC Wealth chief executive Geoff Lloyd is making his biggest call since joining the group five months ago, slashing wrap administration fees to run one of the cheapest platforms in Australia. Additionally, Lloyd is lowering administration fees for the ...

NEOS Life expands to the west coast

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... His more than 14 years' experience in the life insurance industry includes roles at CommInsure, TAL and most recently MLC Life Insurance where he was a business development manager. Kon Vaporakis is the new senior underwriter. He spent more than ...

MLC expands customer experience efforts

HARRISON WORLEY  |  THURSDAY, 17 JAN 2019
MLC Life Insurance appointed its first chief customer experience officer. Former KPMG partner Louise Portelli has been appointed to lead the life firm's customer experience efforts, and will link with MLC in March. Reporting to chief executive David ...

MLC Life welcomes board member

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
The $500 million outlay to improve systems and technology at MLC Life Insurance is being supported with the appointment of a new board member. MLC Life Insurance recently welcomed Jacqueline Korhonen as an independent non-executive director. She has ...

MLC Centre goes on the market

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
The ASX-listed GPT Group is selling its 50% stake in Sydney's MLC Centre as it looks to invest more in new developments. GPT announced plans to divest its share today, saying its successful repositioning of the MLC Centre has generated exceptional returns. ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... to maintain profit levels. It was revealed earlier that $67 million in general advice fees had been charged to members of MLC's MasterKey Personal Super products, despite the fact not all members were told clearly they could opt out of the service. Looking ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... 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 large adviser fees charged ...