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Showing 1 - 10 of 45 results for "Nulis Nominees"

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... TDPs - 75% of which were issued by the same four trustees. Three quarters of those that failed were issued by AMP, Nulis Nominees, Oasis Funds Management, and OnePath Custodians - Nulis, Oasis and OnePath are all Insignia Financial trustees.

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... was the first to include TDPs, 97 products failed; 96 of these were TDPs, with 75% used by four trustees: AMP, Nulis Nominees, Oasis Funds Management, and OnePath Custodians - Nulis, Oasis and OnePath are all Insignia Financial trustees. Treasury has ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... However, there were less on-platform products assessed. Three quarters of those that failed are issued by AMP, Nulis Nominees, Oasis Funds Management, and OnePath Custodians - Nulis, Oasis and OnePath are all Insignia Financial trustees. Looking at trustee-directed ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... trustees AUSCOAL Superannuation (Mine Super), Avanteos Investments (Colonial First State FirstChoice Super), AvSuper, Nulis Nominees (MLC Super), BT Funds Management (Retirement Wrap), EISS Super, Perpetual (WealthFocus Superannuation Fund) and REI Super. ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
... delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment Management, Nulis Nominees, OnePath Custodians and Oasis Fund Management. APRA said the conditions relate to governance and risk management deficiencies ...

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... largest super fund paid a total of $1.8 million in remuneration to its trustee board in FY21, yet it was MLC's Nulis Nominees that paid its eight directors (four males and four females) a whopping $2.6 million in total remuneration, more than any ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... representative. Between 11 November 2016 and 13 October 2017, Saad obtained $1.53 million from MLC Super Fund's trustee NULIS Nominees on behalf of 168 clients. Between 11 August 2017 and 11 October 2017, he attempted to obtain a further $92,400 ...

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 ...
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