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Showing 71 - 80 of 505 results for %22MLC Wealth f%22

Directors added to FSC board

JAMIE WILLIAMSON  |  THURSDAY, 17 JUN 2021
... comprised of 14 senior wealth management executives, including the chair, but currently sits at 11 due to resignations. Former MLC chief executive Geoff Lloyd, recently departed UBS Asset Management chief executive Bryce Doherty and AMP New Zealand chief ...

AIA executive joins MLC Life

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
AIA Australia's former head of deal completion has joined MLC Insurance as head of profitability and performance reporting. Piri Kularajah was at AIA for nearly two years and in his role was responsible for the completion of AIA's purchase of CommInsure ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... addition of 188 advisers to the group during the period, bringing its total to 385. IOOF completed its acquisition of MLC Wealth on June 1. The AFSL for the newly merged group, based on ASIC's FAR, is under Consultum Financial Planning. MLC brands that ...

Westpac senior leader departs

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
... Macquarie Group. She was also the chief executive of AdvantEdge when the mortgage business was owned by Lendlease. NAB purchased MLC from Lendlease in 2000, and AdvantEdge came to be under MLC. Westpac would not comment on whether a replacement for Watts ...

IOOF completes merger, appoints executives

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments. Nine months after announcing the deal, IOOF has integrated MLC Wealth in a move that has also doubled ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... being paid correctly. NAB calculates the remediation bill to be $108 million (before tax); $14 million was allocated to MLC Wealth employees, which is in the process of being acquired by IOOF. "The issues identified in the Payroll Review are not acceptable ...

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... and was most recently the chief executive of Wealth Market. Prior to this, he has worked at advice and broking businesses at MLC/NAB and as the chief executive for wealth management of Yellow Brick Road. Anna Shelley, who will be AMP Australia's ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement with National Australia Bank to acquire the MLC wealth management business, which includes NULIS. Under the Superannuation Industry (Supervision) Act 1993, APRA must approve any ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
... superannuation is structured to suit your lifestyle should be something that occurs at every age not just for pre-retirees," MLC Wealth group executive of retirement and investment solutions Tim Steele said. When it comes to financial decision making ...

CountPlus member firm to make acquisition

ANNABELLE DICKSON  |  TUESDAY, 27 APR 2021
... our growth and success is linked to theirs," Moustacas said. IOOF announced its plans in August to acquire 100% of MLC Wealth comprising its financial advice, platforms, and asset management business for $1.44 billion.