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Showing 1 - 10 of 38 results for "NULIS Nominees"

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... for FY20 were AustralianSuper (1123 complaints to AFCA), Rest (708), Hostplus (404), AMP Super (367) and NAB's Nulis Nominees (320). Overall, the one-stop-shop for financial complaints received 70,510 complaints in the 12 months to June end. This was ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... and do not cover all of the clients affected. In 2018, the Hayne Royal Commission heard NAB and its two trustees, NULIS Nominees and MLC Nominees, breached the Corporations Act and Superannuation Industry Act with respect to plan service fees (PSF) and ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... MLC's superannuation business. Yesterday, the regulator approved IOOF's application to hold a controlling stake in NULIS Nominees, the trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement with National Australia Bank to acquire the ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... obtained funds between $1000 and $28,000 from 168 client superannuation accounts for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and October 2017.

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... obtained funds between $1000 and $28,000 from 168 client superannuation accounts for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and October 2017. ASIC also alleges between August 2017 ...

NAB MySuper class action heads to Federal Court

JAMIE WILLIAMSON  |  MONDAY, 12 APR 2021
Maurice Blackburn's class action against MLC Nominees and NULIS Nominees has moved to the Federal Court, following a decision late last year. The class action brought by Maurice Blackburn against MLC Nominees and NULIS in January 2020 on behalf ...

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... obtained funds between $1000 and $28,000 from 168 client superannuation accounts for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and October 2017. ASIC also alleges between August 2017 ...

World largest asset owners increase ESG, AUM

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... combined at 7%. AustralianSuper ranked 43rd in the Asset Owner top 100 followed by Future Fund at 57th, Tcorp at 86th, Nulis Nominees at 89th, Aware Super 90th and BT Funds Management at 98th. The largest asset owner is the Government Pension Investment ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
APRA has issued directions and imposed new licence conditions on NULIS Nominees to improve its governance and controls to ensure members' best interests. The directions and additional licence conditions require NULIS to record how it considers members' ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... to the Federal Court for determination." Finally, ASIC provided an update on its similar action against MLC and NULIS Nominees, saying the hearing has concluded and judgment on liability and penalty has been reserved. As for the separate fees-for-no-service ...
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