The class action alleges that MLC Nominees Pty Limited and NULIS Nominees (Australia) Limited failed to transition over $6.8 billion of "accrued default amounts" of members within the MLC MasterKey Personal Super product and the MLC MasterKey Business Super product to the low-cost MySuper product, in a way that was both timely and in the.. Bill Petrovski, Principal of William Roberts Lawyers, said: " On the available information, our understanding is that excess fees charged to MLC Super members likely exceeds A$100m. Superannuation trustees have an obligation to act in the best interest of their members. In charging fees to members in order to pay these adviser commissions, the class action will allege that the trustee fell.

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Frequently Asked Questions for MLC . Q - Who can attend MLC?. A - IAW MILPER Message 21-314, following the approval of the Sergeant First Class (SFC) . evaluation board, Soldiers are scheduled 90-120 days prior to class start date by current OML . based on Army promotion requirements (i.e., 11B4 #210 on the OML may be scheduled to. The Flex Commission class actions are three class actions about the 'flex commissions' paid to car dealers by Westpac Banking Corporation and St George Finance, Australia and New Zealand Banking Group Limited (Esanda), and Macquarie Leasing Pty Ltd in relation to consumer car loans. Flex commission arrangements allowed car dealers to set.