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Showing 841 - 850 of 2706 results for "NAB"

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
Responding to questions from counsel assisting Michael Hodge, former NAB general manager of superannuation and platforms Paul Carter attempted to distinguish between other cases of fees for no service and NAB charging superannuation customers for advice ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... measures, including $8 million for a new supervisory program in which ASIC staff will be embedded within Commonwealth Bank, ANZ, NAB, Westpac and AMP to monitor governance and compliance. Additionally, a taskforce dedicated to conducting a broad review ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... as an independent director of Centuria Life, the Motor Accidents Insurance Board and Mission Australia. NULIS, owned by the NAB group, has been the case study of the Royal Commission for the last two days. NULIS acknowledged in its five submissions it ...

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
The Royal Commission heard this morning that NAB considered ways to justify retaining plan service fees (PSF) it charged superannuation fund members despite the services not actually being supplied. Questioning former NAB general manager of superannuation ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... members following a large consolidation of superannuation funds that provided an opportunity to remove them. In July 2016, NAB merged five of its superannuation funds into one to create the MLC Super Fund, which included MLC MasterKey and Plum superannuation ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... campaign last year will serve as a case study. The first witness Paul Carter, the former executive general manager of super for NAB/MLC is currently giving evidence.

AustralianSuper tax specialist heads to fintech

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... client relationship manager and a tax SME on its tax solutions team. She previously worked in tax advisory at KPMG and with NAB in product development, analysis and distribution. Most recently, she served as senior tax analyst specialising in investment ...

NAB recruits customer executive

KARREN VERGARA  |  MONDAY, 30 JUL 2018
... private banking business by appointing its second customer executive. Margot Faraci will commence the newly-created role of NAB Partners customer executive for the northern region in October 2018. She will be responsible for a team of business and private ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... Super (MKPS) members will be refunded $220 each, on average - or $67 million in total, including interest. Parent company NAB told the ASX it will stop charging its plan service fee for MKPS members from 30 September 2018. For members in MasterKey Business ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... Australian investors - an increase of 4.9% over the 12 months to 31 December 2017. J.P. Morgan, BNP Paribas Securities Services and NAB Asset Servicing hold the top spots in terms of total assets under custody for Australian investors. State Street and ...