Mutual Life And Citizens
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Mutual Life And Citizens
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. *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. History The company traces its origins to the Citizens’ Assurance Company Limited, registered on 31 December 1886 for the stated purpose “to popularise Industrial Life Assurance, and to carry it to the homes of the working classes by issuing polici ...
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Melbourne, Australia
Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a metropolitan area known as Greater Melbourne, comprising an urban agglomeration of 31 local municipalities, although the name is also used specifically for the local municipality of City of Melbourne based around its central business area. The metropolis occupies much of the northern and eastern coastlines of Port Phillip Bay and spreads into the Mornington Peninsula, part of West Gippsland, as well as the hinterlands towards the Yarra Valley, the Dandenong and Macedon Ranges. It has a population over 5 million (19% of the population of Australia, as per 2021 census), mostly residing to the east side of the city centre, and its inhabitants are commonly referred to as "Melburnians". The area of Melbourne has been home to Aboriginal Victorians ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Financial Planning
In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance, a financial plan can focus on other specific areas such as risk management, estates, college, or retirement. Context of business In business, a financial plan can refer to the three primary financial statements (balance sheet, income statement, and cash flow statement) created within a business plan. Financial forecast or financial plan can also refer ...
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Nippon Life
, also known as or is the largest Japanese life insurance company by revenue. The company was founded in 1889 as the ''Nippon Life Assurance Co., Inc.'' In structure it is a mutual company. It first paid policyholder dividends in 1898. Overview Nippon Life employs 70,519 employees and has 70,608 billion yen in assets as of 2016. The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of 2. ..., Japan. References External links Company website(in Japanese)Company website(in English) Insurance companies of Japan Mutual insurance companies Companies based in Osaka Prefecture Financial services companies established in 1889 1889 establishments in Japan Japanese brands {{japan-company-stub ...
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Lendlease
Lendlease is a globally integrated real estate company that creates and invests in communities, workplaces, retail, and infrastructure projects, headquartered in Barangaroo, New South Wales, Australia. History Founding The company was established as Lend Lease by Dick Dusseldorp in 1958 to provide finance for building contracts being undertaken by Civil & Civic. In 1961 the company acquired Civil & Civic from Bredero's Bouwbedrijf. Lendlease first listed on the ASX in 1962. Operations expanded to the United States in 1971 and to Singapore in 1973. In 1983 Lendlease created 'The Lendlease Foundation', their charitable arm to improve communication with and help in communities, as well as caring for both community and employee well-being. In 1982, Lendlease acquired 50% of MLC Life Limited and in 1985 acquired the balance of the company. MLC's multi-manager, multi-style investment philosophy was introduced in 1986. It was later sold to National Australia Bank in the year 2000 ...
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National Australia Bank
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-largest bank in the world measured by market capitalisation and 52nd- largest bank in the world as measured by total assets in 2019. , NAB operated 3,500 Bank@Post locations—including 7,000+ ATMs across Australia, New Zealand, and Asia—and served 9 million customers. NAB has an "AA-" long-term issuer rating by Standard & Poor's. History Early history National Australia Bank was formed as National Commercial Banking Corporation of Australia Limited in 1982 by the merger of National Bank of Australasia and the Commercial Banking Company of Sydney. The resulting company was subsequently renamed National Australia Bank Limited. The expanded financial base of the merged entity triggered significant offshore expansion over ensuing years. R ...
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PM (Australian Radio Program)
''PM'' is one of the Australian Broadcasting Corporation's flagship current affairs radio programs. It is also one of Australia's longest-running productions, having been first aired on 7 July 1969. It is the sister program to '' AM''. It is as of September 2022 hosted by David Lipson and broadcast on ABC Radio National and ABC Local Radio. History and timeslots ''PM'' was created in 1969 for what were then ABC Radio 1 and Radio 3 (now ABC Local Radio). Launched on 7 July 1969, two years after its sister programme ''AM'', with both names created by ABC General Manager Talbot Duckmanton. It aired every weekday at 6:10 pm (after the 6:00 pm news bulletin), becoming a popular afternoon radio current affairs programme. ''PM'' was later introduced to ABC Radio 2 (now ABC Radio National) with a new early edition at 5:10 pm after the 5:00 pm news. ''PM'' was originally 25 minutes long before expansion to 50 minutes in 1987. In 2018 it reduced to a half-hour forma ...
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Insignia Financial
Insignia Financial Ltd is an Australian financial services company that originated with the Independent Order of Odd Fellows and was formerly known as IOOF Holdings Ltd. It provides clients with a range of financial services including financial advice, investment management, superannuation and estate and trustee services. It is listed on the ASX 200. IOOF was founded in 1846 as a friendly society which was formed to provide aid to its members throughout times of sickness and unemployment, as many friendly societies were formed before the widespread introduction of government welfare packages. The society funded these activities through joining fees and re-occurring membership fees.Stevenson, M. (2009). Independent Order of Oddfellows. Retrieved 21 April 2021, from https://collections.museumsvictoria.com.au/articles/2783 The company has since grown, with offices located in Sydney, Melbourne, Perth, Adelaide, Brisbane and Hobart. It currently services approximately two m ...
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ABC News (Australia)
ABC News, or ABC News and Current Affairs, is a public news service produced by the Australian Broadcasting Corporation. Broadcasting within Australia and the rest of the world, the service covers both local and world affairs. The division of the organisation, which is called ABC News, Analysis and Investigations. is responsible for all news-gathering and coverage across the Australian Broadcasting Corporation's various television, radio, and online platforms. Some of the services included under the auspices of the division are the ABC News TV channel (formerly ABC News 24); the long-running radio news programs, '' AM'', '' The World Today'', and '' PM''; ABC NewsRadio, a 24-hour continuous news radio channel; and radio news bulletins and programs on ABC Local Radio, ABC Radio National, ABC Classic FM, and Triple J. ABC News Online has an extensive online presence which includes many written news reports and videos available via ABC Online, an ABC News mobile app (ABC Liste ...
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MLC Building, Sydney
The MLC Building is a heritage-listed office building located at 42-46 Martin Place in the Sydney central business district, in the City of Sydney local government area of New South Wales, Australia. It was designed by Bates Smart & McCutcheon and built from 1936 to 1938 by Concrete Constructions Limited. It is also known as Mutual Life & Assurance Building. It was added to the New South Wales State Heritage Register on 2 April 1999. From the time of its construction and for many years thereafter, the building served as the offices for Australian life insurance company, Mutual Life & Citizens Assurance Company Limited. the anchor tenant was Norton Rose Fulbright, formerly Henry Davis York, an international law firm. History Major insurance companies were formed in Victorian Australia, often with British assets, to cover the problems of world trade, internal communication, retirement and the constant hazard of fire. The Mutual Life and Citizens Assurance Company, whic ...
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25 Martin Place
25 Martin Place (formerly the MLC Centre) is a skyscraper in Sydney, Australia. Designed by architect Harry Seidler, it stands at a height of 228 metres (748 ft) with 67 storeys, and remains one of his most definitive works. The building was awarded the Sir John Sulman Medal by the Australian Institute of Architects. Originally named the "MLC Centre" after MLC Limited, and still commonly referred to by that name, in 2021 the name was removed by its owner, Dexus, which now refers to the building simply by its street address of 25 Martin Place. Location and features The building is a stark white, modernist column in an octagonal floorplan, with eight massive load-bearing columns in the corners that taper slightly towards the top. It is one of the world's tallest reinforced concrete buildings and was one of the tallest buildings in the world outside North America at the time of its completion. The MLC Centre was Sydney's tallest office building from 1977 to 1992. The MLC Centr ...
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Harry Seidler
Harry Seidler (25 June 19239 March 2006) was an Austrian-born Australian architect who is considered to be one of the leading exponents of Modernism's methodology in Australia and the first architect to fully express the principles of the Bauhaus in Australia. Seidler designed more than 180 buildings, and he received much recognition for his contribution to the architecture of Australia. Seidler consistently won architectural awards every decade throughout his Australian career of almost 58 years across the varied categories – his residential work from 1950, his commercial work from 1964, and his public commissions from the 1970s. He was a controversial figure throughout his long career as he regularly publicly criticised planning authorities and the planning system in Sydney. Early life Seidler was born in Vienna, the son of a Jewish clothing manufacturer. He fled as a teenager to England soon after Nazi Germany occupied Austria in 1938. Education In England, he studied b ...
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