|Search Results||Showing 1 - 6 of 6 results for "MLC MasterKey Personal Super"|
|... deducted approximately $33 million plan service fees from 220,000 members of MLC MasterKey Business and MLC MasterKey Personal Super who did not actually receive services from financial advisers in association with the products. And, NULIS Nominees is ...|
|... procedures after it transferred members in a number of products to MLC MasterKey Business Super and MLC MasterKey Personal Super products in 2012 and 2013. ASIC said that while its Federal Court proceedings with NULIS over fees for no service remained ...|
|... deducted approximately $33 million plan service fees from 220,000 members of MLC MasterKey Business and MLC MasterKey Personal Super who did not have Plan Adviser (No-Adviser Members). In doing so, the two organisations failed to ensure its services ...|
|... penalty. ASIC also claims NULIS and MLC Nominees charged 220,000 members of MLC MasterKey Business and MLC MasterKey Personal Super about $33 million in Plan Service Fees despite them being No-Adviser Members. NAB also deducted about $67 million in Plan ...|
|... provided. NULIS announced on 26 July 2018 that it would stop deducting a plan service fee from the MLC MasterKey Personal Super accounts from 30 September 2018.|
|... procedures" after members in multiple products were transferred to MLC MasterKey Business Super and MLC MasterKey Personal Super. Other highlighted issues involved changes made to death and total and permanent disablement insurance in both products. ...|
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
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