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Showing 1 - 10 of 20 results for "NAB Super"

Boutique fund manager chief retires

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
A $14 billion Melbourne equities boutique is looking for a new chief executive as the incumbent retires. Steve Schubert retired as Cooper Investors' chief executive in December. He first joined the boutique in May 2015 as its chief operating officer ...

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
A report handed to ASIC by global consultant KPMG shows NAB's superannuation trustee has met its additional license conditions. Almost three years after ASIC set NULIS Nominees additional license conditions for breakdowns in its internal procedures ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
Governance experts have weighed in on the repercussions for superannuation fund executives and trustees after an unyielding fortnight of appearances at the financial services Royal Commission. Governance Institute of Australia chief executive Steven ...

NAB CEO apologises over super failures

HARRISON WORLEY, DARREN SNYDER  |  FRIDAY, 10 AUG 2018
... Wednesday, senior counsel assisting Michael Hodge put forward the case that NULIS Nominees - the trustee of MLC and NAB super products - did not act in the best interests of members. He said there had been delays between 2012 and 2016 to notify ASIC ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
... has paid its estimated total compensation of $2.6 million in full. ASIC also noted a further $34 million payable by NAB super trustee NULIS Nominees for breaches relating the provision of general advice to super members. ASIC said it will "continue to ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... review of NULIS' risk management procedures, product change implementation and potential conflicts of interest within the NAB super business. "The additional conditions imposed on NULIS' AFS licence reflect ASIC's priority of improving compliance and ...

New director for NAB super trustee

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
NAB is welcoming a new non-executive director to the board of its superannuation fund trustee. Andrew Gale joins the board of NULIS Nominees, which is responsible for NAB's superannuation funds including the MLC Super Fund. Bringing 35 years' experience ...

NAB merger creates largest retail super fund

ALEX BURKE  |  THURSDAY, 14 JUL 2016
... real estate and infrastructure, which facilitated increased returns to members. Given the size of the new consolidated NAB super offering, it's likely the bank will now pursue further direct investments in large assets as well.

NAB launches super clearing house

STAFF WRITER  |  TUESDAY, 26 AUG 2014
... clearing house to enable employers to make superannuation contributions to multiple employee funds and self-managed funds. NAB Super Pay also ensures employers are compliant with the Federal Government's SuperStream regulations, which come into effect ...

Super fund fortunes shift on FX exposure

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Unhedged foreign currency exposure may be the way to go for super funds after a fall in the Australian dollar contributed 8.8% to unhedged portfolios in the last financial year. This bucks the trend of recent years. According to the NAB Superannuation ...
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