MLC Limited

MLC
IndustryFinancial services
Founded1886
HeadquartersMelbourne, Australia
ProductsSuperannuation, insurance, investments
ServicesFinancial planning
Number of employees
5,000
ParentNippon Life
Websitewww.mlc.com.au

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.[1]
  • 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.[2]
  1. ^ MLC Limited
  2. ^ "Home". insigniafinancial.com.au.