What kind of super fund is MLC?
MLC MasterKey Business Super is a corporate super plan that helps you grow and protect your wealth.
Who owns MLC Navigator?
Navigator Australia Limited
Interests in MLC Wrap Investments and MLC Navigator Investment Plan are issued by Navigator Australia Limited, ABN 45 006 302 987. Before making a decision to purchase or continue to hold a product, you should read the relevant PDS or Financial Services Guide, which can be obtained by calling us on 133 652.
How do I close my MLC super account?
You can cancel or reduce your insurance at any time by contacting us on 132 652 between 8am and 6pm Monday to Friday (AEST).
Who owns MLC super fund?
IOOF
MLC Investment Management Limited/Parent organizations
About IOOF IOOF is an Australian wealth management group providing financial advice, investment, superannuation and trustee services. They’ve been helping Australians secure their financial independence for 175 years and have grown to become a leading provider of quality financial advice, products and services.
Is MLC a self managed super fund?
This arrangement promotes true self management of the fund by ensuring all the members have the opportunity to be involved in making decisions that directly affect their superannuation.
Is MLC Super An APRA fund?
The MLC Super Fund is authorised by APRA to offer a MySuper product and has the MySuper product identifier of 70 732 426 024 883. The MySuper product is only applicable to MLC MasterKey Business Super and MLC MasterKey Personal Super.
How many times can you withdraw from your super?
You can only make one withdrawal in any 12-month period.
Is self managed super fund a good idea?
SMSFs offer great investment and tax benefits, but there are some risks to be aware of. An SMSF gives you a lot more control over your super, and allows you to invest in things like residential property. However, there are some downsides to SMSFs too.
Is self managed super better?
SMSFs offer a wider range of investment options compared to other superannuation funds. With some limited exceptions, a SMSF can invest in virtually anything providing that this also meets the sole purpose test and adheres to the regulations. This includes investing in direct property.
Which bank owns MLC?
NAB has completed the sale of the MLC superannuation and funds management business it purchased off Lendlease in 2000 for $4.5 billion, the bank said in a statement to the Australian Securities Exchange.