Search ResultsShowing 1 - 10 of 23 results for "NULIS Nominees"
Super funds face scrutiny in Canberra
ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... ongoing review of the four major banks and other financial institutions. Other funds set to appear include Suncorp, Nulis Nominees Australia and Rest. IFM Investors, Industry Super Australia, the Association of Superannuation Funds of Australia will ...
Former NAB adviser sentenced
HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... of more than $160,000. Between March and December 2016, the former NAB adviser netted $166,500 from the MLC and NULIS Nominees accounts of his clients, without their authorisation. Using their confidential information, Eung created false bank accounts ...
MLC faces class action over adviser fees
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
IMF Bentham and William Roberts Lawyers will bring a class action against MLC's super fund trustee NULIS Nominees relating to excess fees charged to members for adviser commissions. IMF Bentham and William Roberts will allege NULIS breached its ...
Former NAB adviser charged
JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... deception. It is alleged that between March 2016 and December 2016 Eung netted $166,500 from accounts held with MLC and Nulis Nominees despite the account holders not authorising the withdrawals. Eung was a licensed by NAB from May 2015 to December 2016. ...
NAB calls trading halt
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... down the seriousness of the fees-for-no-service issue. Nicole Smith , who is the former chair of NAB subsidiary NULIS Nominees, left the group shortly before she was due to appear before the Commission. Smith resigned in June 2018 and was replaced with ...
ASIC enforcement must get tough: Commissioner
KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... before the Royal Commission public hearings kicked off last year, and commenced civil proceedings against NAB/NULIS Nominees in September. "Despite ASIC's investigation, the evidence led in the Commission showed that some entities may have continued ...
ASIC permanently bans former Apogee adviser
KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... funds between $1000 and $28,000 from client superannuation accounts. This amounted to $1.4 million taken from Nulis Nominees (the trustee of the MLC Super Fund) that Saad rebated back to clients. In March 2017, Apogee and Nulis first identified large ...
Aussie funds among the world's largest asset owners
KANIKA SOOD  |  MONDAY, 12 NOV 2018
... 86th; TCorp ranked 92nd and QSuper secured 97th place. Master trusts and outsourced CIO models like NAB/MLC's Nulis Nominees came in at 76th with nearly $104 billion; BT Funds Management is in 87th spot with about $93 billion; Colonial First State ...
NAB signals more bad advice remediation
KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... remain uncertain," NAB said. In addition, ASIC commenced Federal Court proceedings on 6 September 2018 against NULIS Nominees and MLC Nominees in relation to PSF. NAB has factored the outcome of this event as a contingent liability but what it will cost ...
Retail super funds reject MySuper delays
KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... NAB/MLC's PSF compensation figure reached $87.1m, jumping from the $67.1m it originally reported in July. Former NULIS Nominees chair Nicole Smith, the trustee for MLC's super funds, told Hayne PSFs deducted from members NAB wasn't entitled to did ...
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