NAB

Superannuation

RC: Some super fees are akin to commission

A key witness for NULIS and MLC/NAB, Paul Carter, has admitted to the Royal Commission that adviser contribution fees imposed by the fund were “best described as a commis...

Superannuation

NAB’s super business fronts RC

The license conditions imposed on National Australia Bank’s big superannuation business in 2017 are expected to be aired in today’s kick-off to the Royal Commission in Me...

People & Products

GBST appoints client relationship manager

GBST has appointed Elly Grace as its new client relationship manager and tax subject matter expert....

News

Geoff Lloyd appointed MLC CEO

The former chief executive and managing director of Perpetual has been appointed the new CEO of MLC, effective 1 September 2018....

Policy & Regulation

ASIC slaps permanent ban on former NAB employees

The Australian Securities and Investments Commission has permanently banned former National Australia Bank employees, Danny Merheb and Samar Merjan. ...

Policy & Regulation

ASIC accepts variation to NAB undertaking

The securities regulator has accepted a variation to an enforceable undertaking provided by NAB relating to its wholesale spot foreign exchange business....

Policy & Regulation

ASIC slaps 4-year ban on former NAB adviser

The Australian Securities and Investments Commission has banned a National Australia Bank financial adviser from providing financial services after finding he was not ade...

People & Products

NAB hires independent customer advocate

National Australia Bank has appointed Clare Petre as the new independent wealth customer advocate in a bid to make the bank transparent and responsive in customer interac...

Life/Risk

How exiting bank ownership pays dividends

New data released by Dexx&r has confirmed that exiting bank ownership has paid dividends for MLC Life barely two years after being substantially divested by NAB....

Financial planning

More than 40% of Dover advisers came from big licensees

New analysis from Adviser Ratings has confirmed that more than 40 per cent of Dover advisers were recruited from the major bank licensees, AMP or IOOF....

Policy & Regulation

Former NAB adviser banned

The Australian Securities and Investments Commission has permanently banned a former National Australia Bank adviser. ...

Financial planning

More advisers embracing managed accounts

The proportion of advisers recommending managed accounts, or intending to, has jumped from 46 per cent to 64 per cent over the last year, according to the latest research...