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Showing 111 - 120 of 899 results for "Compensation"

The highest paying jobs in financial services: Data

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... workforce," Robert Walters said. "Employers will need to balance the need for flexibility, career progression, and fair compensation in order to stay competitive and retain top talent." On the salary front, private equity firms are handing out the big ...

ESG linked to pay in top APAC listed firms

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025
... institutional investors' expectations in each market," WTW managing director and global practice leader, executive compensation and board advisory Shai Ganu said. The global average for ESG-linked pay was 81%, while for North America it is 77%, and for ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... Standard. AustralianSuper chief investment officer Mark Delaney was the top earner, receiving over $2 million in total compensation, according to research from Yellow Folder. UniSuper chief investment officer John Peace and Aware Super chief investment ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... right consumer protections in place. Many of these clients suffered significant financial losses. In 2023, we oversaw compensation payments by Binance of approximately $13 million to affected clients," Court said. "Crypto derivative products are inherently ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically, the FAAA highlighted "deep flaws" surrounding the Dixon Advisory scandal that ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... Financial Complaints Authority (AFCA) determinations, far too many financial services firms are taking advantage of the Compensation Scheme of Last Resort (CSLR), treating it as an 'insurance policy'. Several CSLR issues were brought to light ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
The methodology used to calculate compensation for victims of bad financial advice appears to factor in 'opportunity costs' and has drawn the ire of advisers, calling it "unfair" and "unsustainable" for the industry. The "but for" methodology ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... Across every industry AFCA monitors, the authority received 98,630 complaints to June 2024 and around $298 million in compensation was paid out to complainants. Of the near 100,000 complaints received by AFCA during the period, more than half (51,845) ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... are reducing delays and is committed to further improving management of insurance claims. "Cbus has established a compensation program for affected members which is being implemented now." The spokesperson added that Cbus has been cooperating with ASIC ...

Licensees pay $92m in compensation

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
... financial and/or non-financial impact on customers. As at 30 June 2024, licensees reported paying around $92.1 million in compensation to approximately 494,000 customers for breaches during the reporting period. ASIC said the most notable change during ...