The Federal Court has ordered MLC Limited pay a $10 million penalty for misleading customers and failing to pay promised benefits....

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...

The Quality of Advice Review should make affordable advice a priority or risk advice being accessible only by wealthy Australians, according to MLC Life....

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. ...

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...

In a boost to the company’s struggling technology services, it has appointed Rick Wingfield as chief innovation and transformation officer....

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...

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...

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...

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?...

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...

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...

MLC Life Insurance has appointed technology sector-veteran, Jacqueline Korhonen, to its board. ...

In the fifteenth year of the Money Management/DEXX&R Adviser Choice Risk Awards, MLC Life has maintained its top place on the podium as the Risk Company of the Year for 2...