October, 2008
October 24, 2008
MLC Confirms No Freezes On Its Investment Funds
SYDNEY: National Australia Bank's wealth management business, MLC, today confirmed that none of its funds had been frozen for redemptions and all were operating as normal.
Ahmed Fahour, Executive Director and CEO, Australia said "NAB's wealth management business, MLC, is performing well in a very difficult environment and customers should have comfort that their investments are both safe and being managed prudently."
MLC does not have a mortgage trust.
Steve Tucker, CEO of MLC, said "MLC has been a successful Australian business for more than 120 years. Our customers should have confidence that their investments are well diversified and are being carefully managed in these turbulent times."
"MLC's MasterKey Cash Management Trust has maintained a AAAm rating issued by Standard & Poor's for well over a decade. This is the highest rating available globally."
"If investors have concerns, we recommend they speak with a professional financial planner before taking any action."
New Wellinvest.com.au Website Launched

The turn of the month sees the launch of our new website.
The new design brings more features and relevant information including news within the company as well as comments on current market events effecting your investments.
We hope you find the new functions and design a more useful, enjoyable experience.
September, 2008
Guy Halpin Joins the Wellinvest Team
We recently welcomed our newest staff member, Guy Halpin, a fully qualified Financial Advisor.
Guy has been working in the finance industry for over 5 years. After graduating with a Bachelor in Commerce-Marketing he started his finance career with a leading share market education company.
Earlier this year Guy completed his studies earning his Diploma in Financial Planning, qualifying him as a Financial Advisor.
Previous News
New Proper Authority
Amanda Griggs now holds a Proper Authority to deal in Licensed Securities and provide financial advice. Over the past eight years with our company, Amanda has gained extensive experience in Client Service, with particular responsibility for Social Security matters.
Her appointment as a Financial Adviser brings added strength to our Client representation and service commitment.