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Showing 61 - 70 of 70 results for "Nulis"

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... and estimated to be hit with $67 million in compensations costs Hodge said the Commission will hear from MLC's trustee NULIS as a case study after it admitted to engaging in conduct that fell below community expectations. In a statement handed down ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... Matthew Lawrance said. The move is off the back of corporate regulator ASIC engaging in "ongoing discussions" with MLC trustee NULIS. MLC appointed an independent expert to review compliance breaches following an ASIC investigation in February 2017. ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
... Catholic Super Colonial First State (CBA) Electricity Supply Industry Superannuation (Energy Super) Hostplus IOOF Mercer NULIS (MLC/NAB) Onepath and Oasis (ANZ) Suncorp Sunsuper Cbus QSuper APRA ASIC

Australian Unity chair joins NAB

EMMA RAPAPORT  |  THURSDAY, 21 DEC 2017
NAB is welcoming a new a member to the board of its superannuation fund trustee NULIS Nominees. Australian Unity chair Peter Promnitz has been appointed as a non-executive director, joining the board responsible for the MLC Super Fund and products such ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
... estimated total compensation of $2.6 million in full. ASIC also noted a further $34 million payable by NAB super trustee NULIS Nominees for breaches relating the provision of general advice to super members. ASIC said it will "continue to monitor these ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... investigation. ASIC initially made enquiries into breach reports lodged by NAB wealth entities in regards to NAB's super trustee, NULIS Nominees. The breaches related to what the regulator described as a "breakdown in risk management and communication ...

New director for NAB super trustee

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
... is welcoming a new non-executive director to the board of its superannuation fund trustee. Andrew Gale joins the board of NULIS Nominees, which is responsible for NAB's superannuation funds including the MLC Super Fund. Bringing 35 years' experience ...

Former Russell CEO joins MLC trustee board

DARREN SNYDER  |  THURSDAY, 29 SEP 2016
A former chief executive at Russell Investments is now on the board of NULIS Nominees, the trustee for the MLC Super Fund. Recently joining the NULIS board as an independent non-executive director is Alan Schoenheimer. He has more than 25 years' experience ...

MLC appoints super funds board member

BEN COLLINS  |  FRIDAY, 17 AUG 2012
MLC has appointment Richard Rassi to the three trustee boards for its superannuation funds. The boards, MLC Nominees, NULIS Nominees (Australia) and PFS Nominees, are accountable to around 1.5 million members and approximately $56 billion in Funds Under ...

Plum adds super lawyer to board

ELISE BURGESS  |  MONDAY, 20 JUN 2011
... June 8 landed a $300 million mandate from Lend Lease Corporation. Haines has also joined the boards of MLC Nominees and NULIS (Australia) Nominees. This is the seventh fund to transition across to Plum's services in the past 18 months, bringing a collective ...
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