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Showing 661 - 670 of 1656 results for "MLC"

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
MLC confirmed that one of its superannuation funds under the Plum brand incurred an administration error. It is understood the admin error affected about 30 members from a legacy ExxonMobil defined benefit scheme. MLC did not disclose if the incorrect ...

Industry fund hires group executive

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... accounting services; company secretariat and legal; audit and risk management; and compliance. Kyle most recently worked on MLC Life's separation from NAB and established their first-line risk, compliance and financial crime capabilities. Rest chief ...

MLC Life restructures team, ramps up transformation ambitions

KARREN VERGARA  |  MONDAY, 3 DEC 2018
MLC Life Insurance announced major changes to its innovation and transformation teams with three senior hires and a restructure of its executive lineup. In a bid to ramp up its technology transformation, the life insurer made three new appointments ...

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... framework and policies looked good but the audit and compliance functions were not alerting or raising issues up. How NAB/MLC's fee for no service breach was discovered Tendering an MLC Nominees breach report to APRA for its Universal Super scheme, Hodge ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... Australia's big banks, while lamenting the bank's inability to properly finance and integrate its now divested wealth arm - MLC - into its existing operations.

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... that's a natural conversation a banker would have." According to Thorburn, the bank made several mistakes with wealth business MLC, which led to its abandonment. The first of which was failing to integrate its wealth offering into the core banking operations ...

MetLife expands retail arm

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
... and Tasmania. He most recently worked as a business development manager at CommInsure, and prior to that worked at Cbus and MLC. As sales manager for Western Australia and South Australia, Patrick Murphy joins MetLife after more than eight years at AMP. ...

Aussie funds among the world's largest asset owners

KANIKA SOOD  |  MONDAY, 12 NOV 2018
Nine Australian funds, including four superannuation funds, have ranked among the world's largest asset owners in a new study. The inaugural Asset Owner 100 study from Willis Towers Watson's Thinking Ahead Institute looked at the world's ...

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... 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 it will cost also ...

AMP hires from MLC

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
AMP has shuffled its distribution lineup, hiring from a new head of platform development from MLC. AMP head of platform products John Keating has moved into the role of head of wealth distribution, Southern region. The post he leaves vacant is going ...