APRA Approval for Purported Merger of Five Super Funds into the MLC Super Fund
Phillip Sweeney made this Freedom of Information request to Australian Prudential Regulation Authority
This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.
Dear Australian Prudential Regulation Authority,
One of the documents in the Exhibits List of the Hayne Royal Commission is a letter to Greg Tanzer of ASIC dated 22 July 2016 [Exhibit 5.47] from Andrew Hagger, Chair, National Wealth Management Services Ltd and Nicole Smith, Chair, NULIS Nominees (Australia) Ltd. Both companies are subsidiaries of National Australia Bank (NAB).
The following is an extract
"3.9 Our recent successor fund transfer ("SFT") represents the single largest simplification initiative in the history of NAB's wealth management business.
3.10 The SFT was undertaken in consultation with APRA with whom we engaged in detail ........"
The document I seek is a letter from APRA approving the purported merger of five funds, their assets and members (including beneficiaries) into the MLC Super Fund.
If there is no "Approval Letter" as such then I am seeking a copy of all letters and emails
from APRA to NAB/NULIS concerning the "consultation with APRA" mentioned in evidence provided to the Hayne Royal Commission.
Yours faithfully,
Phillip Sweeney
Dear Mr Sweeney,
I acknowledge receipt of your FOI request dated 3 November 2019. We are
processing your request and will respond soon.
Regards,
FOI OFFICER
T 02 9210 3000 | E [1][APRA request email]
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
1 Martin Place (Level 12), Sydney, NSW 2000
GPO Box 9836, Sydney, NSW 2001
T 02 9210 3000 | W [2]www.apra.gov.au
[3]Title: Australian Coat of Arms and APRA logo
-----Original Message-----
From: Phillip Sweeney
[mailto:[FOI #5835 email]]
Sent: Sunday, 3 November 2019 4:30 PM
To: Freedom of Information <[email address]>
Subject: Freedom of Information request - APRA Approval for Purported
Merger of Five Super Funds into the MLC Super Fund
Dear Australian Prudential Regulation Authority,
One of the documents in the Exhibits List of the Hayne Royal Commission is
a letter to Greg Tanzer of ASIC dated 22 July 2016 [Exhibit 5.47] from
Andrew Hagger, Chair, National Wealth Management Services Ltd and Nicole
Smith, Chair, NULIS Nominees (Australia) Ltd. Both companies are
subsidiaries of National Australia Bank (NAB).
The following is an extract
"3.9 Our recent successor fund transfer ("SFT") represents the single
largest simplification initiative in the history of NAB's wealth
management business.
3.10 The SFT was undertaken in consultation with APRA with whom we engaged
in detail ........"
The document I seek is a letter from APRA approving the purported merger
of five funds, their assets and members (including beneficiaries) into the
MLC Super Fund.
If there is no "Approval Letter" as such then I am seeking a copy of all
letters and emails
from APRA to NAB/NULIS concerning the "consultation with APRA" mentioned
in evidence provided to the Hayne Royal Commission.
Yours faithfully,
Phillip Sweeney
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References
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1. mailto:[APRA request email]
2. http://www.apra.gov.au/
Dear Mr Sweeney,
FOI 20-17:
APRA is awaiting responses from affected third parties and have revised
the decision date to 1 January 2020.
Regards,
FOI OFFICER
T 02 9210 3000 | E [1][APRA request email]
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
1 Martin Place (Level 12), Sydney, NSW 2000
GPO Box 9836, Sydney, NSW 2001
T 02 9210 3000 | W [2]www.apra.gov.au
[3]Title: Australian Coat of Arms and APRA logo
-----Original Message-----
From: Phillip Sweeney
[mailto:[FOI #5835 email]]
Sent: Sunday, 3 November 2019 4:30 PM
To: Freedom of Information <[email address]>
Subject: Freedom of Information request - APRA Approval for Purported
Merger of Five Super Funds into the MLC Super Fund
Dear Australian Prudential Regulation Authority,
One of the documents in the Exhibits List of the Hayne Royal Commission is
a letter to Greg Tanzer of ASIC dated 22 July 2016 [Exhibit 5.47] from
Andrew Hagger, Chair, National Wealth Management Services Ltd and Nicole
Smith, Chair, NULIS Nominees (Australia) Ltd. Both companies are
subsidiaries of National Australia Bank (NAB).
The following is an extract
"3.9 Our recent successor fund transfer ("SFT") represents the single
largest simplification initiative in the history of NAB's wealth
management business.
3.10 The SFT was undertaken in consultation with APRA with whom we engaged
in detail ........"
The document I seek is a letter from APRA approving the purported merger
of five funds, their assets and members (including beneficiaries) into the
MLC Super Fund.
If there is no "Approval Letter" as such then I am seeking a copy of all
letters and emails
from APRA to NAB/NULIS concerning the "consultation with APRA" mentioned
in evidence provided to the Hayne Royal Commission.
Yours faithfully,
Phillip Sweeney
-------------------------------------------------------------------
Please use this email address for all replies to this request:
[4][FOI #5835 email]
Is [5][APRA request email] the wrong address for Freedom of Information
requests to Australian Prudential Regulation Authority? If so, please
contact us using this form:
[6]https://www.righttoknow.org.au/change_re...
This request has been made by an individual using Right to Know. This
message and any reply that you make will be published on the internet.
More information on how Right to Know works can be found at:
[7]https://www.righttoknow.org.au/help/offi...
If you find this service useful as an FOI officer, please ask your web
manager to link to us from your organisation's FOI page.
-------------------------------------------------------------------
--------------------------------------------------------------------------
IMPORTANT NOTICE:
This e-mail is intended solely for the person or organisation to whom it
is addressed, and may contain secret, confidential or legally privileged
information.
If you have received this e-mail in error or are aware that you are not
authorised to have it, you MUST NOT use or copy it, or disclose its
contents to any person. If you do any of these things, you may be sued or
prosecuted.
If you have received this e-mail in error, please contact the sender
immediately.
--------------------------------------------------------------------------
References
Visible links
1. mailto:[APRA request email]
2. http://www.apra.gov.au/
4. mailto:[FOI #5835 email]
5. mailto:[APRA request email]
6. https://www.righttoknow.org.au/change_re...
7. https://www.righttoknow.org.au/help/offi...
Dear Mr Sweeney,
Please find attached APRA's Notice of Decision dated 2 January 2020.
Regards,
FOI OFFICER
T 02 9210 3000 | E [1][APRA request email]
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
1 Martin Place (Level 12), Sydney, NSW 2000
GPO Box 9836, Sydney, NSW 2001
T 02 9210 3000 | W [2]www.apra.gov.au
[3]Title: Australian Coat of Arms and APRA logo
-----Original Message-----
From: Phillip Sweeney
[mailto:[FOI #5835 email]]
Sent: Sunday, 3 November 2019 4:30 PM
To: Freedom of Information <[email address]>
Subject: Freedom of Information request - APRA Approval for Purported
Merger of Five Super Funds into the MLC Super Fund
Dear Australian Prudential Regulation Authority,
One of the documents in the Exhibits List of the Hayne Royal Commission is
a letter to Greg Tanzer of ASIC dated 22 July 2016 [Exhibit 5.47] from
Andrew Hagger, Chair, National Wealth Management Services Ltd and Nicole
Smith, Chair, NULIS Nominees (Australia) Ltd. Both companies are
subsidiaries of National Australia Bank (NAB).
The following is an extract
"3.9 Our recent successor fund transfer ("SFT") represents the single
largest simplification initiative in the history of NAB's wealth
management business.
3.10 The SFT was undertaken in consultation with APRA with whom we engaged
in detail ........"
The document I seek is a letter from APRA approving the purported merger
of five funds, their assets and members (including beneficiaries) into the
MLC Super Fund.
If there is no "Approval Letter" as such then I am seeking a copy of all
letters and emails
from APRA to NAB/NULIS concerning the "consultation with APRA" mentioned
in evidence provided to the Hayne Royal Commission.
Yours faithfully,
Phillip Sweeney
-------------------------------------------------------------------
Please use this email address for all replies to this request:
[4][FOI #5835 email]
Is [5][APRA request email] the wrong address for Freedom of Information
requests to Australian Prudential Regulation Authority? If so, please
contact us using this form:
[6]https://www.righttoknow.org.au/change_re...
This request has been made by an individual using Right to Know. This
message and any reply that you make will be published on the internet.
More information on how Right to Know works can be found at:
[7]https://www.righttoknow.org.au/help/offi...
If you find this service useful as an FOI officer, please ask your web
manager to link to us from your organisation's FOI page.
-------------------------------------------------------------------
--------------------------------------------------------------------------
IMPORTANT NOTICE:
This e-mail is intended solely for the person or organisation to whom it
is addressed, and may contain secret, confidential or legally privileged
information.
If you have received this e-mail in error or are aware that you are not
authorised to have it, you MUST NOT use or copy it, or disclose its
contents to any person. If you do any of these things, you may be sued or
prosecuted.
If you have received this e-mail in error, please contact the sender
immediately.
--------------------------------------------------------------------------
References
Visible links
1. mailto:[APRA request email]
2. http://www.apra.gov.au/
4. mailto:[FOI #5835 email]
5. mailto:[APRA request email]
6. https://www.righttoknow.org.au/change_re...
7. https://www.righttoknow.org.au/help/offi...