MLC attracting Axa planners

Around 25 financial planning practices tied to Axa Asia Pacific have shifted to NAB-owned MLC and its related financial planning brand, while a similar number have agreed to do the same over the next three to six months, the Australian Financial Review reports.

NAB has spoken to around 500 of the 3000 planners tied to Axa, Richard Nunn, MLC's executive general manager, told the newspaper.