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MLC LIFE
Financial planning
MLC Life Insurance and Resolution Life Australasia are to merge, creating a combined firm with the new name of Acenda, while NAB has divested its remaining 20 per cent st...
Superannuation
MLC Life Insurance has thrown its support behind the 10th annual Super Fund of the Year Awards as platinum partner....
Financial planning
The Federal Court has ordered MLC Limited pay a $10 million penalty for misleading customers and failing to pay promised benefits....
Financial planning
The insurer has appointed Craig Dainton, former director of strategic projects and deputy chief financial officer at AMP, as general manager of customer and adviser oper...
Life/Risk
The Quality of Advice Review should make affordable advice a priority or risk advice being accessible only by wealthy Australians, according to MLC Life....
Features
The industry watchdog has been forced to step in and mandate changes to disability income insurance in a move designed to protect consumers, writes Nina Hendy. ...
Life/Risk
The corporate regulator alleges MLC Life Insurance, in some instances, failed to pay life insurance benefits, notify on premium rises or refund premiums, amongst other br...
People & Products
In a boost to the company’s struggling technology services, it has appointed Rick Wingfield as chief innovation and transformation officer....
Life/Risk
Nippon Life and National Australia Bank have provided a $650 million capital injection to MLC Life with Nippon Life declaring it will be carefully monitoring developments...
Life/Risk
MLC Life’s new chief of life insurance, Sean McCormack, has acknowledged the adverse impacts of the company’s technology changes but says the company is accepting its res...
Life/Risk
News reports out of Japan suggest MLC Life’s Japanese parent, Nippon Life, is considering injecting more capital as it moves to staunch losses associated with income prot...
Expert Analysis
Many Australians will have insurance as part of their superannuation, writes SuperFriend’s Sandy Macleod, but could the industry do more to support its clients?...
Superannuation
New research has confirmed that without a vigorous member communications campaign by superannuation funds and life insurers, more than half of Australians might have been...
Life/Risk
Australia’s major life/risk insurers have clearly backed the importance of life/risk advisers and signalled their concern at any move to abolish commissions after the 202...
People & Products
MLC Life Insurance has appointed technology sector-veteran, Jacqueline Korhonen, to its board. ...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...