Tucker’s departure from MLC confirmed
The National Australia Bank (NAB) has confirmed the departure of MLC head, Steve Tucker.
Tucker's departure, which had been the subject of speculation, was confirmed in a strategy and technology update released today.
The bank's announcement said "Andrew Hagger, currently Group Executive People, Marketing & Communications would take on the role of Group Executive, NAB Wealth, replacing Steve Tucker, who will leave NAB after 25 years with the company".
Recommended for you
ASIC has cancelled a Sydney AFSL for failing to pay a $64,000 AFCA determination related to inappropriate advice, which then had to be paid by the CSLR.
A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments for investments.
Inefficient data processes and systems mean advisers are spending over half of their time on product implementation and administration at the expense of clients, according to research.
With the regulator announcing its enforcement focus for 2025 last week, law firm Hall & Wilcox examines the areas which have dropped down the list in priority for the regulator.
