We have learned this week that Nippon Life plans to merge MLC Life and Resolution Life (RLA).
17 December 2024
Pay rise coming as MLC Life merges with RLA
Following the announcement that MLC Life will merge with Resolution Life Australasia (RLA)…
We have learned this week that Nippon Life plans to merge MLC Life and Resolution Life (RLA).
If this is approved by the relevant regulators, it would mean all employees in both organisations would fall under a new employer entity called Acenda sometime in the second half of 2025.
This merger would significantly impact FSU members at MLC Life and RLA.
Members may have questions and concerns about what this means for you. To ensure you are aware of your rights and protections throughout this proposed transition, we encourage you to register for our urgent online meeting on Monday 16 (MLC Life) or Tuesday 17 December (RLA). It will also be an opportunity to ask any questions you have.
Meeting for Resolution Life members
Our union will also be ensuring members’ interests are fairly represented during this process and will be seeking commitments from MLC Life and Nippon Life around job security and maintaining existing entitlements.
Remember, the FSU is here to support you – members can call our Member Rights Centre on 1300 366 378 or email[email protected] for urgent advice or assistance.
If you’re not yet a member,join today to ensure you have the benefit of protection and union representation.
See you online next week.
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