2012
| Date | Media Releases |
|---|---|
| 26/04/2012 | Grey surfers the most engaged online super users The internet may be more of a playground for Gen X and Gen Y but MLC has found that the older generations are more likely to engage with their superannuation online. |
| 29/03/2012 | MLC MasterKey Business Super launches next-generation clearing house MLC MasterKey Business Super has today announced an upgrade of its clearing house to make it easier and faster for employers to make superannuation contributions. |
| 09/03/2012 | MLC MasterKey Fundamentals enhances investment menu with three new options MLC MasterKey has today announced it is giving advisers and clients more investment choice by adding three new investment options to the MLC MasterKey Fundamentals investment menu |
| 01/03/2012 | MLC launches interactive Contribution Cap Calculator MLC has today launched an innovative Contribution Cap Calculator and Decision Tool to help financial advisers prevent their clients from exceeding the annual contribution caps. |
| 29/02/2012 | MLC MasterKey Business Super wins two new mandates MLC MasterKey Business Super has won the corporate super business of two companies in deals worth more than $10 million in combined funds under management. |
| 27/02/2012 | MLC enhances Australian share strategies MLC has today announced some changes to the Australian share strategies within the MLC Horizon Series of portfolios, MLC Long-Term Absolute Return Portfolio and the MLC Australian Share Fund. |
| 24/02/2012 | NAB Equity Lending dominates rankings A sustained focus on supporting advisers and clients has led to NAB Equity Lending topping the industry again on adviser satisfaction in the Investment Trends’ 2011 Margin Lending Financial Planner Report. |
| 14/02/2012 | MLC ups the ante with support for accountants MLC has today announced the launch of two exciting new initiatives to support accountants as they navigate the federal government’s Future of Financial Advice (FoFA) reforms. |
| 31/01/2012 | MLC expands advice in health insurance market MLC Implemented Consulting, which offers tailored investment services to institutional clients, has been appointed by Teachers Federation Health (TFH) with over $200 million of assets under advice. |
| 27/01/2012 | Income investment approaches will need more sophistication: MLC Investment Management MLC is urging investors to plan ahead and think beyond simple income-based investment strategies, and to employ sophisticated strategies that will be sustainable in the future. |
| 19/01/2012 | Clients flock to Term Deposits: MLC MasterKey Fundamentals NAB Term Deposits are surging in popularity among MLC MasterKey Fundamentals members wanting to include a stable investment in their super and pension portfolios. |
| 18/01/2012 | MLC’s Product Disclosure Statements get lean and legible MLC has dramatically changed the look and feel of its Product Disclosure Statements (PDSs) for three of its flagship products, releasing eight-page short-form documents well ahead of the federal government’s June 2012 deadline. |
| Date | Media Releases |
|---|---|
| 30/11/2011 | MLC grows its Retirement Solutions team MLC has strengthened its Retirement Solutions team with three new members, bringing substantial experience in the retirement market from their previous roles at AXA. |
| 30/11/2011 | MLC unWraps lower fees MLC has announced revamped pricing for MLC Wrap to make the full service wrap platform more competitive and even better value for clients. |
| 21/11/2011 | MLC reveals new adviser and client websites MLC has launched its new-look client and adviser websites today, with additional online functionality, easier access to important account information and the ability to execute actions quickly and efficiently. |
| 10/11/2011 | MLC drops fees, adds funds to MasterKey Fundamentals MLC has today announced an overhaul of its MasterKey Fundamentals platform, which includes lowering its administration fees and adding a range of investment options that give advisers and clients more choice and flexibility. |
| 27/10/2011 | MLC wins Australia's top customer service award MLC has won the Customer Service Institute of Australia’s (CSIA) Best of the Best award for offering the most outstanding customer service of any organisation across the country. |
| 17/10/2011 | MLC creates new Licensee Relationship Manager role to support advisers New role to enhance the Licensee service experience for advisers. |
| 12/10/2011 | MLC unveils new insurance offer MLC launched its new total insurance solution today, aptly named MLC Insurance, combining new and improved product features, technology and service. |
| 11/10/2011 | MLC extends Best Doctors offer and launches new TVC MLC announced today the extension of the Best Doctors second medical opinion service and the launch of a new television commercial. |
| 06/10/2011 | MLC enhances market volatility toolkit Short description: Adviser usage surges by more than 65% in light of ongoing high levels of volatility. |
| 15/09/2011 | Borrowing in super to buy property will not suit all SMSFs MLC Technical Services is reminding advisers that borrowing in super to buy property will not suit all SMSFs, despite the additional flexibility proposed in the recent ATO ruling. |
| 05/09/2011 | MLC Business Super wins Clark Equipment super fund MLC Business Super has secured the rights to manage the $15 million Clark Equipment Australia Group staff superannuation fund. |
| 29/08/2011 | MLC & NAB Wealth welcomes clarification on FoFA reforms MLC & NAB Wealth has today welcomed the Government’s announcement providing clarification on a number of its Future of Financial Advice (FoFA) reforms. |
| 24/08/2011 | MLC gears up to slash turnaround times on insurance MLC announced today it is gearing up to drive down turnaround times on new insurance business by up to 70%. |
| 22/06/2011 | MLC appoints new General Manager of Marketing MLC & NAB Wealth today announced it has appointed Simonne Hogan as General Manager of Marketing. |
| 08/06/2011 | MLC enhances MasterKey platform MLC announced a range of online and product enhancements to the MLC MasterKey platform today to expand its offer for clients and improve adviser efficiency. |
| 30/05/2011 | MLC helps advisers identify more client needs MLC has developed an industry leading tool to help advisers better service their clients and identify potential client needs. |
| 09/05/2011 | International talent joins MLC Investment Management MLC Investment Management has appointed Jonathan Armitage as Portfolio Manager, Global Equities |
| 05/05/2011 | MLC Wrap and Navigator win Number One Platform MLC Wrap and Navigator have been awarded Number One Platform for the second year in a row in the 2010 Investment Trends Annual Platform Benchmarking Report. |
| 28/04/2011 | MLC & NAB Wealth welcomes FoFA reforms but calls for appropriate transition period MLC & NAB Wealth has today welcomed the Future of Financial Advice (FoFA) reforms, but has urged the Government to set an appropriate transition period for the removal of volume rebates. |
| 19/04/2011 | MLC launches end of financial year adviser support centre MLC has launched an EOFY Adviser Support Centre to give advisers a single point of access to the resources they need to take advantage of EOFY client opportunities. |
| 17/03/2011 | MLC's transition to fees pays dividends MLC's financial advisers earn more on average than other non-salaried advisers according to the latest data from Comparator. |
| 02/03/2011 | MLC develops next generation of financial planners MLC has launched a new program to help professionals seeking a career change and wanting to join the financial planning industry. |
| 04/02/2011 | MLC appoints new leader for its Insurance business MLC & NAB Wealth has today announced the appointment of Duncan West to the position of Executive General Manager, Insurance. |
| 01/02/2011 | MLC establishes new retirement solutions team MLC & NAB Wealth is establishing a new retirement solutions team to focus on increasing MLC's market share in this fast growing segment. |
| 25/01/2011 | There’s a new Wrap in town! MLC & NAB Wealth’s new full service wrap platform, MLC Wrap, is now open for business. |
| 18/01/2011 | MLC Investment Management changes Australian equities strategy MLC Investment Management has made changes to its Australian equities strategy |
| 17/01/2011 | MLC launches mentor program for new business owners MLC has today launched a mentor program to support financial planners who own their own business |
| Date | Media Releases |
|---|---|
| 04/11/2010 | MLC launches new market leading investment platform MLC & NAB Wealth today unveiled plans to launch a new full service wrap platform in early 2011 to be branded “MLC Wrap”. |
| 20/09/2010 | MLC appoints Nicky Richards as Chief Investment Officer MLC today announced the appointment of Nicky Richards as Chief Investment Officer (CIO) following an extensive international search. |
| 17/09/2010 | MLC wins investment award for Horizon fund MLC has been recognised for excellence in investments with its Horizon 2 Income fund winning Best Conservative Multi-Sector Fund of the Year at the 2010 Financial Review Smart Investor Blue Ribbon Awards. |
| 05/08/2010 | Advisers embrace fee transition for business growth Many financial advisers are getting a head-start on transitioning to a fee-for-advice business model nearly two years out from a prospective ban on some commission-based payments, reflected in high demand for MLC’s fee for advice transition workshops. |
| 12/07/2010 | MLC recruits Michael Karagianis as Investment Strategist MLC today announced the appointment of Michael Karagianis as an Investment Strategist in its investment management business. |
| 01/07/2010 | MLC completes industry leading transition to fee for advice MLC today completed the transition of its advice businesses to fee for advice, a process it began in 2006 when MLC first challenged the industry to drop commissions, improve transparency and engender greater trust in the advice profession. |
| 03/06/2010 | MLC helps advice industry transition to fees MLC is launching a series of workshops next week to help financial advisers make the transition to a fee-for-advice business model. |
| 18/05/2010 | MLC announces new intakes for industry-first Advice Business School The inaugural intake of MLC’s Advice Business School is now underway with further intakes announced in response to increasing demand for the industry-leading program. |
| 04/05/2010 | MLC’s Adviser Scholarship Program prepares the next generation of professionals MLC today recognised the achievements of 23 graduates who successfully completed MLC’s Adviser Scholarship Program. |
| 30/04/2010 | MLC Insurance leads industry with innovative income protection insurance for high income earners MLC continues to set the benchmark for insurance solutions for financial advisers and their clients with the launch of income protection for high income earners. |
| 22/04/2010 | MLC Group Insurance sets new benchmark with online service upgrade MLC Group Insurance today announced the rollout of a range of innovative online service upgrades, providing clients with faster service and easy access to all policy information. |
| 08/04/2010 | Godfrey Pembroke signals move to a holistic fee for advice offer Leading financial planning firm Godfrey Pembroke Limited today announced it will transition to a holistic fee for advice business model for 100 per cent of its client base as part of its growth strategy in the private advisory market. |
| 16/03/2010 | MLC settles legacy tax dispute MLC Lifetime Company Limited has reached an agreement to settle a dispute with the ATO which was disclosed in NAB Group's & National Wealth Management Holdings Limited's 2009 full year financial results. |
| 11/03/2010 | MLC launches Advice Business School MLC is helping salaried advisers to branch out on their own and launch their own business with the establishment of the MLC Advice Business School - an industry first. |
| 04/03/2010 | MLC wins innovation award for Best Doctors MLC has been recognised for innovation in life insurance with its Best Doctors service winning the inaugural Product Innovation of the Year category at the AFA/Plan For Life 2009 Insurance Company of the Year awards. |
| 16/02/2010 | MLC Chief Investment Officer steps down MLC today announced that Chris Condon will step down as Chief Investment Officer at the end of February to start his own investment consultancy, but will be retained by MLC in an advisory capacity. |
| 02/02/2010 | MLC confirms insurance leadership team MLC today confirmed the members of its insurance leadership team including the appointment of Frank Lombardo to the newly created position of General Manager – Retail Insurance Operations. |
| 18/01/2010 | MLC appoints Dean Thomas to lead MasterKey investment platform MLC today announced the appointment of Dean Thomas to the role of General Manager, MasterKey. |
| Date | Media Releases |
|---|---|
| 26/11/2009 | MLC and ESI Super partnership boosts insurance cover by 35% MLC Group Insurance has partnered with ESI Super to bolster the level of death and TPD insurance provided to the industry super fund’s members, including an immediate increase in benefits of up to 35% per unit. |
| 24/11/2009 | MLC welcomes PJC recommendations MLC today welcomed the PJC recommendations with the CEO of MLC, Steve Tucker, describing the recommendations as “a positive framework to improve trust in the financial advice industry.” |
| 19/11/2009 | MLC advice network rated #1 by CoreData research MLC’s Apogee Financial Planning Network has been recognised as Australia’s leading advice group according to the latest mystery shopper research by CoreData. This is the third win in a row for an MLC advice network. |
| 12/11/2009 | Asset Super and MLC partner on major insurance upgrade Asset Super members will receive a significant upgrade to their life insurance cover provided by MLC following a comprehensive benefit redesign implemented this month. |
| 11/11/2009 | MLC appoints Peeyush Gupta as an external director MLC today announced the appointment of Peeyush Gupta, a leading figure in Australia's financial services sector with more than 25 years experience, to its Advice & Licences Board as an external director. |
| 02/10/2009 | MLC Insurance launches exclusive Best Doctors® service MLC today announced it would provide exclusive access to the internationally recognised Best Doctors medical advice service for all existing and new MLC Critical Illness insurance clients for no additional cost. This means eligible clients and their families can access a second opinion regarding diagnosis and treatment from leading specialists around the world. |
| 01/10/2009 | MLC upgrades Insurance including reducing some premium rates MLC announced today enhancements to its insurance offering as part of its annual upgrade for customers. The latest improvements make it easier for clients to hold their insurance for the long term and utilise the concessions available within superannuation to hold cover. |
| 22/09/2009 | Sisters of Mercy Super gets the MLC Group Insurance refresh MLC Group Insurance has been appointed as insurer to the Sisters of Mercy Staff Superannuation Scheme and has implemented a market-leading refreshed benefit design. |
| 15/09/2009 | MLC's Garvan & Apogee Financial Planning transition to fee for advice MLC today announced that Apogee Financial Planning and Garvan/MLC Financial Planning (MLCFP) would transition to a fee for service model for all new investments and superannuation clients from 1 July 2010. This move completes the transfer of all of MLC’s advice businesses to a fee based model. |
| 02/09/2009 | MLC research shows women in advice businesses need support MLC announced a new program to support women in the financial advice industry following research which showed female advisers want structured ongoing professional development along with mentoring and peer group interaction. |
| 25/08/2009 | MLC moves first to focus on the long-term In an industry first, MLC announced it has changed the default insurance premium option on Adviser Switchboard (ASB), its adviser quoting software, from stepped to level premium for its Life Cover Super and Personal Protection Portfolio products. |
| 31/07/2009 | MLC submission to the PJC inquiry into financial products and services MLC's submission is informed by its firm belief in the value of financial advice. MLC's recommendations and commentary seek to place the customer at the centre of the investment experience and have the industry move to a more transparent and sustainable operating model. |
| 29/07/2009 | NAB and Goldman Sachs JBWere create strategic alliance in private wealth management National Australia Bank (NAB) and Goldman Sachs JBWere (GSJBW) today announced an agreement for NAB to acquire 80.1% of Goldman Sachs JBWere’s private wealth management business in Australia and New Zealand, which will be branded JBWere, with Goldman Sachs JBWere retaining the remaining 19.9%. |
| 28/07/2009 | MLC’s MasterKey celebrates 10 years of innovation MLC celebrates the 10th anniversary of its MasterKey investment platform this month marking a commitment to innovation. Launched in 1999, MasterKey was one of the few platforms of its kind offering easy and efficient access to some of the world’s best investment managers and a single view of a widely diversified investment portfolio. Now 10 years on, it is still one of the most widely used platforms in Australia. |
| 22/06/2009 | NAB acquires Aviva Australia's wealth management business National Australia Bank has agreed to purchase Aviva Australia Holdings' wealth management business including its life insurance operations and investment platform, Navigator, for $825 million. |
| 17/06/2009 | MLC welcomes IFSA's Super Charter and the move towards a more transparent advice model MLC today welcomed the launch of IFSA's Super Charter and the fantastic opportunity it provides to improve trust and transparency in superannuation and the financial advice profession. |
| 25/05/2009 | NAB's private bank creates wealth services division NAB Private Wealth, the private banking business within MLC & NAB Wealth, today announced the creation of a new wealth services division. |
| 18/05/2009 | MLC revolutionises disclosure MLC has revealed an overhaul of the disclosure documentation for its suite of MLC MasterKey, MLC MasterKey Business Super and MasterKey Custom products making them more engaging and easier for customers to understand. |
| 01/05/2009 | MLC backs the FPA's Financial Planner Remuneration Principles MLC today welcomed the launch of the FPA's Financial Planner Remuneration consultation paper, stating it was a significant step forward for the financial advice industry. |
| 30/04/2009 | MLC MasterKey Business Super enhances insurance MLC today announced enhancements to the insurance component of its MLC MasterKey Business Super product providing members with a more competitive offer. The enhancements give members the opportunity to obtain insurance using their employer's purchasing power, benefit from more flexible underwriting requirements and automatic acceptance for some items, and tailor the cover to suit their needs over time. |
| 27/04/2009 | MLC simplifies Statements of Advice again More than a year ago, MLC took an industry lead in slashing the length of its Statement of Advice (SoA) templates by up to 68% and today has taken it one step further by introducing a more client focused approach to the presentation of information. |
| 30/03/2009 | NAB's wealth management business announces new EGM Advice & Marketing Group Executive MLC & NAB Wealth, Steve Tucker, today announced the final member of his new Executive Committee. Richard Nunn has been appointed Executive General Manager, Advice & Marketing for MLC & NAB Wealth and will commence in the role in May. |
| 26/03/2009 | NAB's wealth management business announces new Executive Committee Group Executive of NAB's new wealth business, MLC & NAB Wealth, Steve Tucker, today announced a new Executive Committee to take the business forward. |
| Date | Media Releases |
|---|---|
| 13/11/2008 | MLC cautions against irrational investment decisions MLC has cautioned investors against making irrational investment decisions which could impact their long term financial position such as switching 100% of their portfolio to cash or changing cash products simply to chase the Government's Guarantee. |
| 28/10/2008 | MLC confirms its cash funds are currently 100% covered by the Government guarantee SYDNEY: National Australia Bank's wealth management business, MLC, today confirmed that 100% of the underlying investments in its MLC MasterKey Cash Management Trust and National Australia Trustees At Call Common Fund A1, are covered by the Government's deposit and wholesale borrowing guarantees until 28 November 2008. |
| 24/10/2008 | MLC confirms no freezes on its investment funds SYDNEY: National Australia Bank's wealth management business, MLC, today confirmed that none of its funds had been frozen for redemptions and all were operating as normal. |
| 13/10/2008 | Financial planning business owners delay exit plans A combined MLC/NAB survey announced today that, contrary to popular belief, only 30% of current financial planning business owners intend to exit their businesses within the next five years. |
| 17/09/2008 | MLC Insurance reduces medical examinations by 30% MLC Insurance today announced improvements to its mandatory medical limits reducing the number of medical examinations and blood tests required by up to 30%. These significant enhancements are the result of a large scale review of past underwriting decisions conducted across all of MLC's retail product lines, to determine key areas for improvement. |
| 08/08/2008 | MLC named Insurance Company of the Year MLC was last night named the Insurance Company of the Year for 2008 at the 5th Annual Australia and New Zealand Insurance Industry Awards. The judges cited MLC's Upgrade Philosophy as a true differentiator in the Australian marketplace and one of the key factors in their decision to award MLC Insurance Company of the Year. This is the third time in five years that MLC has taken out this prestigious award. |
| 18/07/2008 | First NSW business achieves FP 9000 accreditation Financial advice firm Finance Control today became the first business in NSW to be awarded FP 9000 certification under the standard developed by SAI Global in conjunction with MLC. This means they have been independently assessed and shown to have systems and processes in place to support the delivery of quality advice. |
| 14/07/2008 | MLC moves to paraplanning referral model MLC today announced a move to a paraplanning referral model for its advisers and an increased focus on its Paraplanner Academy and Statement of Advice (SoA) coaches to support the development of new talent in the industry. |
| 09/07/2008 | MLC Implemented Consulting wins Construction Industry Long Service Leave Board account MLC Implemented Consulting has been appointed by the Construction Industry Long Service Leave Board (CILSLB) after a full tender process to invest their assets and provide ongoing strategic advice. |
| 02/07/2008 | MLC refines Australian Share Strategy MLC has added boutique investment manager, Northward Capital, to its Australian shares strategy in the MLC Horizon portfolios, MLC Long Term Absolute Return Portfolio and MLC Australian Share Fund. |
| 30/06/2008 | Scholarship program an incentive for good talent MLC today announced the next intake of students into its Adviser Scholarship Program with 125 places offered nationwide since its launch in 2005. The Program is designed to help Principals of advice practices to grow their business while offering a structured career path to new advisers. |
| 25/06/2008 | MLC and FICS launch complaints resolution toolkit The Financial Industry Complaints Service (FICS) and MLC have today launched an Internal Complaints Resolution toolkit for financial planners and their licensees. The CD-ROM details MLC's best practice complaints resolution process and includes tools and templates to assist with efficient complaint resolution for matters relating to financial planning advice. |
| 23/06/2008 | MLC Group Insurance offers new online services MLC Group Insurance today announced the introduction of new online functionality, including real time updates, for advisers, brokers and consultants to access via the secure Group Insurance online section of the mlc.com.au website. |
| 05/06/2008 | MLC announces changes to its investment menu MLC today announced a new line up of funds for its MLC MasterKey investment menu following an extensive review which has been carried out over the past few months. The changes will add 8 new funds to the menu taking the total number of funds available to 49. |
| 02/06/2008 | MLC delivers on affordable long-term insurance MLC announced reductions to its level premium insurance rates today as part of its regular upgrade to its Personal Protection Portfolio (PPP) and Life Cover Super (LCS) retail insurance products. In keeping with MLC's market-leading upgrade philosophy, the reductions apply to all new and existing clients with level premiums who have Life Cover or Total and Permanent Disability (TPD) insurance. |
| 26/05/2008 | mlc.com.au relaunches with genuine straight through processing MLC today unveiled a brand new website which will also offer advisers genuine straight through processing (STP), faster online applications and easier navigation and functionality. |
| 19/05/2008 | Top tips for financial advice As part of Financial Planning Week, MLC has outlined the top 5 benefits of seeking financial advice to encourage people to get the most from their money. |
| 09/04/2008 | MLC Implemented Consulting wins $800m Australian Eligible Rollover Fund account MLC Implemented Consulting has been appointed by Australian Eligible Rollover Fund (AERF) as multi-manager for $800m of assets. |
| 01/04/2008 | MLC appoints new GM of Practice Management MLC announced the appointment of James Meade to the role of General Manager, Practice Management for MLC Advice Solutions. |
| 31/03/2008 | MLC cautions against excessive leverage Speaking at the Australian Superfunds Summit 2008 in Sydney today, Mr Michael Clancy, General Manager of MLC's Investment Management Division, cautioned against the use of excessive leverage. |
| 04/03/2008 | Garvan Financial Planning welcomes three new advice businesses Garvan Financial Planning has welcomed three new advice businesses to the licensee; Battistella Financial Services, McNeany Financial Services and Vertex Group Pty Ltd. |
| 28/02/2008 | MLC combats death taxes with new group insurance product MLC has launched a new insurance product to encourage employers to take out Life and TPD insurance for their employees within a superannuation environment to avoid the new higher tax rate payable on death benefits on policies held outside superannuation. |
| 07/02/2008 | MLC adds global alternative debt strategy to its multi-manager offer MLC today announced it had allocated US$370 million to a Global Alternative Debt strategy within the diversified portfolios of its retail and wholesale superannuation and allocated pension clients. |
| 24/01/2008 | MLC's top tips for weathering volatile equity markets MLC, Australia's second largest superannuation provider in Australia, offers some top tips for weathering the recent volatility in investment markets. |
| 23/01/2008 | NAB Financial Planning transitions to Fee for Advice for all new investment clients NAB Financial Planning, the financial advice arm of NAB, today announced that it was transitioning its more than 400 financial planners to a Fee for Advice approach for all new clients seeking personal investment and superannuation advice. |
| Date | Media Releases |
|---|---|
| 01/12/2005 | MLC takes on 'BBQ risk' by launching a Long-Term Absolute Return portfolio |
| 08/11/2005 | MLC to add 4 new funds to MasterKey |
| 31/10/2005 | Apogee welcomes new financial planner |
| 10/10/2005 | AAA 5 apples = MLC |
| 05/10/2005 | MLC Implemented Consulting wins two Northern Territory clients with assets totalling $500 million |
| 26/09/2005 | MLC adds Non-Commutable Allocated Pension to MasterKey and MasterKey Custom |
| 23/09/2005 | MLC launches multiple pension pricing |
| 20/07/2005 | MLC does the numbers on gearing |
| 16/06/2005 | MLC launches new online calculator to help Australians measure their retirement savings gap |
| 02/05/2005 | MLC fuels growth with scholarship program |
| 26/04/2005 | MLC's top tips for employers to get ready for Fund Choice |
| 10/05/2005 | MLC says financial advice not just for retirees |
| 09/02/2005 | Get ready for choice of super with MLC's top 5 tips. |
| Date | Media Releases |
|---|---|
| 03/09/2003 | National Wealth Management companies reach agreement with ASIC and APRA on investor compensation |