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When geopolitics becomes a portfolio risk
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Digital assets and where they stand in 2026
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Featured Profile
Fiona Macgregor
GROUP CHIEF EXECUTIVE AND MANAGING DIRECTOR
TAL LIMITED
TAL LIMITED
Fiona Macgregor has risen through the ranks at TAL, taking the top job in 2024, but her life was touched by the insurance sector long before her tenure with the life insurer began. Eliza Bavin writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Have I got this right? Underlying profit is yet to be announced but is expected to be around $4million. Incentives increase in 6% bands, starting at a 33% increase over the $4 million i.e. $1.2 million increase. The CEO gets $500,000 of that increase in incentives. Wow!!!!! If the company (not the CEO) achieves a $1.44 million increase in underlying profit, the CEO gets $1 million of it, and if the company achieves $1.68 million increase in underlying profit, the CEO gets $1.5 million of it.
If that is right (and I hope I am wrong somewhere here) then that does seem one-sided in the extreme. There are rights that come with ownership that seem to be being ignored.