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Chief executive bonuses unscathed by public perceptionBY ELIZA BAVIN | TUESDAY, 17 SEP 2019 11:13AM
Declining public trust in the post-Royal Commission world was not enough to dampen executive pay packets, with over half of ASX100 chief executives receiving at least 70% of their maximum entitlement.
Read more: Royal Commission, Louise Davidson, Alan Joyce, Australian Council of Superannuation Investors, Don Meij, Macquarie Group, Michael Clark, Nicholas Moore, Qantas
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Towards a perfect currency solution
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use.
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million.
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo.
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate.
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