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Showing 51 - 60 of 87 results for "MLC Wealth"

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... cents per share. As part of its plan to soften the impact of COVID-19, NAB said it is accelerating the separation of MLC Wealth as a priority to ensure it is well positioned for divestment. In the half-year to March 2020, MLC Wealth contributed about ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... The 1H20 results will see some severing of NAB's wealth business, which will be reported as a separate segment called MLC Wealth and no longer form part of consumer banking. In February, NAB warned of a delay in the offloading of MLC Wealth and said ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...

Trust in advisers lifts as pandemic fear ensues

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... information surrounding the impacts of COVID-19, above government sources and the media, according to research coming out of MLC Wealth. It's a key finding of a survey of over 1600 MLC clients and members of the general public. The survey found investors ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... uncertainty, and look toward the industry's role in investing to support the economic recovery effort." FSC chair and MLC wealth chief executive Geoff Lloyd said the measures reflected the strength of the super system, "and the fact it was built ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... several research reports on consumer's views about advice, including ASIC Report 627, CoreData analysis produced for MLC Wealth, and reports by global investment managers Vanguard and Fidelity International. The association made several recommendations ...

MLC Asset Management appoints fixed income head

KANIKA SOOD  |  THURSDAY, 12 MAR 2020
... outstanding contribution to the business, and congratulate Mark on his appointment." NAB is currently looking to offload MLC Wealth under the leadership of Geoff Lloyd but last month said its exit may be delayed beyond this financial year due to a challenging ...

NAB further delays offloading MLC

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
National Australia Bank in its quarterly update flagged another delay to the separation of MLC Wealth. NAB said that due to a challenging business environment, the separation of MLC Wealth may be delayed beyond financial year 2020. "Work on operational ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... has held roles at Minter Ellison and Hive Legal. Watt is currently a director with several NAB subsidiaries including MLC Wealth and hence will be a non-independent director while the other three appointments are independent. The additions take the NULIS ...

MLC Wealth hires technology chief

JAMIE WILLIAMSON  |  MONDAY, 13 JAN 2020
MLC Wealth is expanding its executive leadership team with a new hire, responsible for transforming the business' technology and operations. Following an extensive search, Darren McKenzie has been appointed chief technology and operations officer of ...