Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 100+ results for "MLC"
AMP Bank boss exits
KARREN VERGARA  |  THURSDAY, 21 JAN 2021
... to its executive line-up, announcing appointees who will report to chief executive George Frazis. Nicholas Allton, a former MLC and Macquarie Group executive, was named as the group general counsel and company secretary. He was at MLC for over a year ...
Vanguard growth ETFs shine
KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... VDGR has some $344 million in assets and similarly invests in underlying Vanguard funds, allocating 70% to growth assets. MLC Horizon 7 Accelerated Growth Portfolio (8.4% p.a.), which charges management fees of 1.1% p.a. along with 0.04% p.a. of indirect ...
ASIC bans former IOOF, MLC adviser
ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Jim Pavlidis has been banned from providing financial services for three years, after it was revealed he was not adequately trained. ASIC said that a review of the advice given by Pavlidis between 2004 and 2018 found that he failed to provide financial ...
Platforms start to shake ERS impact
KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... the share price," Credit Suisse said. "Even allowing for a ~30% decline in earnings (excluding synergies) at IOOF, ANZ and MLC between FY20-24E we still see IFL trading on 7x FY24E EPS which more than compensates for these risks. We expect the operational ...
MLC Life appoints executive
KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ...
MLC Life Insurance raises $650 million
KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...
CountPlus firm completes tuck in acquisition
ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... Advisers has joined Count Financial as a member firm, following Ascent Private Wealth's transition to CountPlus from the MLC Wealth dealer group in November. Further to this, CountPlus flagged that it will continue tuck-in acquisitions and reported ...
New heatmap shames trustees
KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... SmartSave MySuper Balanced Equity Trustees' Aon MySuper (lifecycle) IOOF Mercer Superannuation's SmartPath (lifecycle) MLC Super Fund (lifecycle) Prime Super Suncorp's Lifestage Funds (lifecycle) Tidswell's Max Super Fund (lifecycle) ...
Almost 3000 advisers gone in 2020
ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... moves. The data shows it picked up 66 financial advisers. GWM Adviser Services gained the next most, likely as a result of MLC's advice transformation, followed by Interprac Financial Planning which grew by 38. The growth numbers were much lower than ...
FS team picks: The top stories for 2020
ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... chiefs, acquires platform The news that's sure to impact how the industry operates for years to come was IOOF snapping up MLC Wealth. Financial Standard revealed IOOF had consolidated the leadership of its various dealer groups. MS sufferer fights ...
PREVIOUS
NEXT
Link to something QuAYVqJn