Rebate Financial Services offers you the lowest cost way of accessing MLC products, be they new or existing. How do we do this?

MLC charges up to 5% on contributions to its managed funds and superanuation products. We can either cancel this charge or rebate it to you in cash. Most products also contain a trailing commission, which is either kept by MLC or paid to a financial advisor. In most cases we will rebate 50% of this payment back to you.

The process is simple, quick and easy, best of all it does not affect your current investment/policy in any way and will not cost you a cent. However, it could save you $000's. Read the "How Rebates Work" page to find out more. 

Existing investors - We rebate 100% of entry fees on all future investments, contributions and regular savings plans. Further, Rebate Financial Services will pay you cash rebates equivalent to 50% of trailing commissions received, where we are paid over $20 per month. It is a 2 minute process, simply nominate Rebate Financial Services as your investment broker, using our one page nomination form.

New Investors – The same rebate policy applies. Either download the Product Disclosure Statement (PDS) for your chosen investment product, fill it out and mail it to Rebate Financial Services or, alternatively, send us your details and we will send you a stamped PDS which you can then submit directly to MLC.

MLC is the wealth management division of the National Australia Bank (NAB), and has recently been joined by Aviva. MLC provides investment, superannuation, insurance and private wealth solutions to corporate and institutional customers. In addition to this MLC maintains an extensive financial planning network including NAB Financial Planning, Godfrey Pembroke, Garvan Financial Planning, MLC Financial Planning and Apogee Financial Planning. MLC manages more than $75 billion on behalf of individual investors and corporate customers in Australia (as at June 2009).

Investment Style

MLC uses a 'manager of managers' investment approach. This means MLC does not directly manage investment funds. Instead, MLC’s multi-manager options combine the expertise of up to 32 leading investment managers from around the world. This approach gives investors access to a combination of individually selected investment managers providing diversity across asset classes, within asset classes and across investment styles. The aim is to provide greater consistency of performance in variable market conditions compared to a single manager and significantly reduce risk without compromising the overall return. MLC is the third largest multi-manager in the world, with 8% of the world market share (Cerulli Associates - Cerulli Quantitative Update: Global Multi-manager Products 2008).

MLC holds the number one position for personal insurance annual inforce premiums with 14.4% market share (source: DEXX&R Life Analysis as at December 2008) and is the second largest provider of superannuation in Australia with 15.7% market share (source: Plan for Life Quarterly Data System as at March 2009).

MLC licenses around 1,400 self-employed aligned and salaried advisers in Australia and holds relationships with more than 3,000 independently owned and licensed advisers who choose MLC’s financial solutions to meet the needs of their clients.

Key Products

· The MLC Masterkey Investment Service is an Investor Directed Portfolio Service offering MLC Manager of Managers investment options (where MLC Masterkey.
Key features of MLC Masterkey include:
· Wide investment choice to help you constuct and manage the right portfolio to meet your financial goals and objectives
· Consolidated reporting - no matter how many underlying funds you choose to invest in you will receive a single tax statement
· Volume payments with most fund managers have been negotiated by MLC Masterkey, effectively reducing the fees you pay

After opening an account, investors can easily invest in, and switch between a wide range of available funds. Consolidated reporting is provided in the end of year tax statement, and access to portfolio is available online 24 hours a day, 7 days a week.

MLC Masterkey Super is an integrated portfolio management solution for accumulating savings via superannuation. Offering an extensive range of investment choices, MLC Super makes it easy for you to construct, build and manage your superannuation money. Online reporting enabes you to log in and view your portfolio at any time.

To assist you to construct, build and manage your superannuation portfolio, MLC Masterkey provides:
· An extensive investment choice of MLC and external funds
· Multi-manager options diversified across different investment markets
· Multi-manager options focused on specific investment market sectors
· Single-manager options focused on specific investment market sectors

The "Ready-to Invest" Menu is a simple and reliable way to invest - comprising of diversified multi-manager, multi-sector investment options that are managed by MLC's investment team applying MLC Masterkey's Manager of Managers Investment Process. For a more hands on approach, the "Sector Choice" Menu enables investors to be more active in constructing their investment portfolio, with specific market sector investment options, managed by both MLC super and other leading fund managers.

For investors starting a pension account, MLC MasterKey Pension is a platform that assists in constucting, building and managing a retirement portfolio. Available investment options include a wide range of single and multi-manager funds investing in specific and diversified investment market sectors. This includes funds managed by MLC as well as by other leading fund managers.

Opening a pension with MLC MasterKey is a simple process:

1. Determine your eligibility to commence a pension
2. Determine the type of investment you want to make
3. Determine the amount and frequency of your regular payments
4. Construct your portfolio using MLC MasterKey Pensions "Ready-to Invest" and/or "Sector Choice" Menus
5. Make your application and send to MLC to be set up

MLC Life offers a range of services to deal with life's unforeseen events. MLC has been around since 1886, when the Citizen's Life Assurance Company Ltd was incorporated in Sydney. As an insurer, MLC Ltd has been awarded an AA rating by international ratings agency Standard and Poor's.