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Search ResultsShowing 1 - 6 of 6 results for "MLC Masterkey Personal Super"
Class action accuses NAB of super rip-off
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... 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 ...
NULIS satisfies ASIC requirements
HARRISON WORLEY  |  MONDAY, 16 DEC 2019
... 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 ...
ASIC, MLC Nominees and NULIS in court
ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... 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 ...
MLC, NULIS in court over $100m in illegitimate fees
JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... 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 ...
NULIS names new chair
KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... 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.
ASIC targets NAB super after compliance breakdown
ALEX BURKE  |  THURSDAY, 2 FEB 2017
... 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. ...
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