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NAB
Institutional investment
Superannuation funds are increasing their weightings towards alternatives, private equity, private debt, infrastructure, real estate and are taking on more FX risk, NAB f...
Funds management
The latest data from Dexx&r reveals most of the major fund managers experienced significant outflows last year....
Superannuation
AustralianSuper’s chief executive, Ian Silk, has suggested that the Banking Royal Commission didn’t cast a stern enough eye over parts of the superannuation industry, in ...
People and Products
NAB has extended its asset servicing partnership with fund manager, Perennial Value, following an operating model review. ...
Financial advice
It is confirmed. Andrew Thorburn and Ken Henry have stood down as chief executive and chairman of National Australia Bank (NAB)....
Financial advice
Fallout from the Royal Commission may have claimed another major scalp, with the banking group entering a trading halt ahead of “leadership changes”....
People and Products
Statewide Super chief executive, Richard Nunn, has been appointed as the Australian chief executive, of MetLife....
Superannuation
The industry funds dominated Australian Council of Superannuation Investors has helped deliver ‘first strikes’ against the remuneration reports of National Australia Bank...
Financial advice
National Australia Bank and its superannuation business, NULIS, have admitted breaches of the Corporations Act occurred with respect to fees charged to super fund members...
Superannuation
The Royal Commission has questioned the ability of the best interests of superannuation fund members to be maintained within vertically integrated institutions....
Financial advice
The Royal Commission has been told that National Australia Bank came up with the concept of ‘fair exchange of value” in a bid to retain fees from superannuation clients w...
Superannuation
The Royal Commission has been told that a months-long examination of the status of so-called plan service fees charged to unadvised MLC superannuation customers was not a...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...