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

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

6 days 16 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 4 days ago