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MLC Limited
Australian financial services company that was acquired by National Australia Bank in June 2000 / From Wikipedia, the free encyclopedia
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MLC was an Australian business that provides investments, insurance and superannuation solutions to corporate, institutional, and retail customers. Due to divestments in the early 21st century, there are now two businesses, with no ownership links, that both use "MLC" in their branding:
- MLC Limited trading as MLC Life Insurance, the original insurance company registered in 1886 as "Citizens' Assurance company Limited", is an insurance company which is part of the Nippon Life Insurance Group.[1]
- MLC Wealth, which consists of the investment and superannuation businesses that MLC Limited expanded into in the 20th century, is part of the Insignia Financial Group, which consists of Insignia Financial Ltd and its related bodies corporate.[2]
Quick Facts Industry, Founded ...
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Industry | Financial services |
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Founded | 1886 |
Headquarters | Melbourne, Australia |
Products | Superannuation, insurance, investments |
Services | Financial planning |
Number of employees | 5,000 |
Parent | Nippon Life |
Website | www.mlc.com.au |
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