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Showing 131 - 140 of 1049 results for "Remuneration"

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... her bonus was $250,000. According to the Australian Financial Review, in financial year 2019 Graham earned total remuneration of approximately $1.3 million and Stewart earned total remuneration of just over $900,000. The report stated that several chief ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... working" in it. Financial Standard recently wrote about the state of risk advice in its special feature. Changes to remuneration, education, compliance regimes and products, like income protection, have made it impossible for some advisers to keep their ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of clients. Forex CT chief executive, responsible manager and sole director Shlomo ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... even encourages damaging behaviour." Smith said APRA has stepped up its focus on transforming governance, culture, remuneration and accountability across its regulated entity. The regulator's primary concern, she clarified, is risk culture - an entity's ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
ASIC is taking action against a financial services group for allegedly paying conflicted remuneration totalling $165,000 to its financial advisers who gave inappropriate SMSF and property advice. Equiti Financial Services (Equiti FS) - which is now ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... Member Meeting (AMM) Notice requirements that are part of Your Future, Your Super will mean funds have to disclose remuneration, marketing expenses, political donations, industry bodies and related parties. "There are implementation issues that must ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... 2020. The law firm Piper Alderman representing consumers alleged that Count Financial advisers failed to ensure their remuneration was free from conflict, among other failures that breached fiduciary duties.

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... issues they don't have the qualifications to assess. "Proxy advisers also provide advice on other resolutions, such as remuneration reports, board appointments and governance arrangements, which are not covered by the AFSL regime as they do not fall ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... "daily soap opera of scandals" of executive and board changes, rock-bottom share price performance and unjustifiable remuneration packages at the annual general meeting this morning, held online for the second year in a row. A burning question was how ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... expenses. Crennan repaid approximately $70,000 to the Commonwealth upon his departure. Shipton was paid $855,364 in total remuneration, according to papers tabled in the Senate. The maximum cap on the total annual remuneration for the ASIC chair was ...