Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 62 results for %22MLC MasterKey Business%22

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
APRA has given IOOF the go-ahead to take over 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 ...

Mercer creates new sales, strategy roles

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... will start in her new position from June, she joins from MLC where she was general manager, corporate super for MLC Masterkey and Plum. She's returning to Mercer, having worked there for six years including in a role leading Mercer's multi-manager funds. ...

Rest GM to head BT platforms

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... general manager of administration solutions and governance for less than two years. Prior to that, Varcoe was head of MLC MasterKey platform at NAB where he had a 14-year career in a variety of roles. "I am delighted that someone with Kieran's experience ...

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan service fees to MLC MasterKey Business and Personal Super fund members between 2012 and 2018. The NAB trustees admitted to misleading or deceptive and false or ...

MLC changes super fees, adds menu

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... At the time, they already faced court action from ASIC for over $100 million in illegitimate fees. The MLC MasterKey Business Super and Personal Super are facing a class action from Maurice Blackburn on behalf of 330,000 customers. The class action alleges ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... fastest growing are Pursuit Focus Allocated Pension, BT Panorama Super, AMP Super Directions Personal, MLC MasterKey Business Super and HUB24 Invest. When it comes to managed discretionary accounts, Shaw and Partners has the largest number of verified ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... alleging that NULIS and MLC 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. ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... The biggest of these is the $22.7 billion Plum Superannuation Fund Employer Division and the $21 billion MLC MasterKey Business Super.

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
... in risk management and communication 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 ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... alleging that NULIS and MLC 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 ...
PAGE:
1
PREVIOUS
NEXT