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Showing 671 - 680 of 1656 results for "MLC"

FSC appoints UBS, Mercer heads

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... at the annual general meeting on October 29. They replace outgoing directors ANZ deputy chief executive Alexis George and MLC Super chief executive Matthew Lawrence. FSC has confirmed Challenger's outgoing chief executive Brian Benari will retain his ...

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... retirement, by building retirement solutions that manage risks in retirement while maximising income, he said. Separately, former MLC and NAB Wealth executive Duncan West recently took a directorship role at Challenger. West was appointed as an independent ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
Class action proceedings have been filed against NAB and MLC for the sale of worthless consumer credit insurance. The two companies will face Slater and Gordon in Federal Court after the law firm officially filed proceedings. Slater and Gordon allege ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... experience as the baby boomer generation reaches an age where it will need the system's support. Also speaking at the event, MLC senior technical consultant Rahul Singh shared some of the technical issues financial advisers face when helping Australian ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... 18,928 accidental death policies and received $121 million in premiums. Of the 1829 claims made, 88% were denied in full. MLC sold 1684 sold accidental death policies via online, over phone or financial planners and received $34.2 million in premiums. ...

Former MLC executive joins Challenger

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
A former MLC and NAB Wealth executive has taken a directorship with Challenger. Duncan West has been appointed as an independent non-executive director to both the Challenger and Challenger Life Company boards. West is a former executive general manager ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... insurers appearing before the commission paid commissions to advisers and advice groups, totaling more than $6 billion with MLC (over $1.16bn) TAL (more than $840m) and OnePath (more than $830m) paying the most. Orr also covered approved product lists ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
ASIC commenced Federal Court action against MLC Nominees and NULIS today in relation to the significant advice fees charged to superannuation members despite no financial advice being provided. ASIC alleges NULIS and MLC Nominees - the current and former ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... of the Corporations Act with respect to plan service fees (PSFs) deducted from member accounts with no linked adviser. NAB/MLC's PSF compensation figure reached $87.1m, jumping from the $67.1m it originally reported in July. Former NULIS Nominees chair ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... assisting Michael Hodge said it is open to Commissioner Kenneth Hayne to find that NAB and its two trustees, Nulis Nominees and MLC Nominees, breached the Corporations Act and Superannuation Industry Act with respect to plan service fees (PSF) and adviser ...