MLC wins nib mandate
Health insurer nib has handed MLC an important new mandate as its preferred supplier of investment asset consultancy services.
Nib announced to the Australian Securities Exchange (ASX) today that MLC had been selected to provide implemented consulting services following a strategic review of the fund’s asset consulting requirements.
Nib will transition to MLC products over a three-month period.
AUTHOR
Mike Taylor
Recommended for you
Adviser losses this week are quadruple the same period a year ago, with the industry falling into negative territory for the last 12 months.
Colonial First State has announced the latest manager to join its Edge managed accounts menu, focusing on providing investors with a strategic income.
Rising advice fees has prompted Radar Results to increase its price guide to a minimum of $3,000 per client to reflect the changing shape of the adviser landscape.
Investment consultancy Ascalon Capital has appointed a new partner, who joins from 20 years at Zenith Investment Partners, as well as a new chief executive amid a “bold new chapter” for the firm.
