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Showing 10051 - 10060 of 28277 results for "NOT"

ANZ hid reasons for executive pay cuts

KANIKA SOOD | THURSDAY, 29 NOV 2018

ANZ chief executive Shayne Elliott admitted the bank did not disclose to its shareholders or staff that three of its senior executives had their variable pay held back in FY18 on account of compliance issues. Elliot's own variable remuneration was ...

Equity Trustees adds former family office leader to board

HARRISON WORLEY | THURSDAY, 29 NOV 2018

... board of a 130-year-old Australian company which was built on a foundation of trust," Kennett said. "The mix of commercial, not for profit, and legal expertise will strengthen and diversify the experience around the board table of Equity Trustees and ...

Blue Sky LIC adds new directors, denied pay rise

JAMIE WILLIAMSON | THURSDAY, 29 NOV 2018

... Alternative Access Fund. At the same time, a six-figure aggregate increase to the annual remuneration of non-executive directors was not approved by shareholders. Based on proxy forms received ahead of the fund's (ASX:BAF) annual general meeting today ...

Chief economist update: Powell Power

BENJAMIN ONG | THURSDAY, 29 NOV 2018

... accommodative low interest rates that we needed when the economy was quite weak, we don't need those anymore. They're not appropriate anymore. Interest rates are still accommodative, but we're gradually moving to a place where they will be ...

SMSF investment platform begins, announces senior hire

DARREN SNYDER | WEDNESDAY, 28 NOV 2018

... don't have a financial adviser but want help with their portfolios." The firm cites data that suggests 85% of Australians do not get financial advice, and a Productivity Commission report showing about 70% of SMSF trustees make their own investment decisions ...

Asset manager consolidation top of mind for HNWIs

DARREN SNYDER | WEDNESDAY, 28 NOV 2018

More than 95% of high net worth individuals in Asia Pacific (excluding Japan) are prepared to consolidate assets with their primary wealth manager, provided there's a strong connection. But it's less likely in Australia. The number dips to 73% ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON | WEDNESDAY, 28 NOV 2018

... because I felt that customers needed to be remediated as quickly as they could. The response was that we physically could not get it done in 18 months, and three years was the most likely timeframe to be able to complete this," Wilkins said. As at October ...

ANZ lambasted for breach reporting delays

KARREN VERGARA | WEDNESDAY, 28 NOV 2018

ANZ is the slowest and an "outlier" among the major banks to report significant breaches, the Royal Commission heard this morning. ANZ chief executive Shayne Elliott couldn't justify why the bank took 213 days to report significant breaches (despite ...

Culture dominates shareholder engagement

KARREN VERGARA | TUESDAY, 27 NOV 2018

... traced back to poor corporate culture, she said. "Most directors recognise the importance of corporate culture generally but not all are able to describe the unique culture of their company. "Also, few directors can explain what changes they'd like ...

Super fund offloads harmful holdings

JAMIE WILLIAMSON | TUESDAY, 27 NOV 2018

... will also be excluded for the same reason, he said. "We also looked at tobacco through the same lens, and concluded that it's not possible to minimise the harm of a product that kills its users, and the people around them. So the decision was made to ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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