Posts Tagged ‘institutional collapses’

By MLC Market Watch Team

Is my money safe with MLC?

Monday, October 27th, 2008
With the high profile financial institution collapses we have seen in recent months, some of our customers have questioned how safe their investments are.

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.”

Additionally, 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.”

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