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Showing 1321 - 1330 of 3246 results for "Employee"

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... a $2.5 million loss after making a profit of $700,000 in FY17. The loss was driven by operating expenses mainly from employee remuneration ($6.8m), acquisition costs ($1.26m) and an asset write off ($1.93m) relating to discontinued software.

Pension fund names new investments lead

JAMIE WILLIAMSON  |  FRIDAY, 5 OCT 2018
One of the world's largest pension funds will welcome a new chief investment officer, charged with overseeing $510 billion in assets. The California Public Employees' Retirement System has appointed Yu Ben Meng to the role, replacing Ted Eliopoulos. ...

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The chief executive of Freedom Insurance Group has left the company effective immediately and more than half of its workforce is being made redundant. Chief executive Keith Cohen, who has been at the helm for nearly nine years, will be replaced by chief ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

Charities losing $180m a year to gender pay gap

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... grown faster than the revenue, with charities spending roughly 11.6% more than 2015. More than half of their spending is employee costs. Telephone fundraising was found to be pesky but effective. The report found 78% disliked being asked for money on ...

MGP board director resigns

JAMIE WILLIAMSON  |  TUESDAY, 25 SEP 2018
... loss despite increased funds under administration and revenue. The loss was driven by operating expenses mainly from employee remuneration ($6.8m), acquisition costs ($1.26m) and an asset write off ($1.93m) relating to discontinued software.

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
In closing the sixth round of the Royal Commission, counsel assisting found that CommInsure, TAL and Rest may have engaged in conduct that fell below community standards after hearing "troubling" evidence from various case studies. CommInsure and Colonial ...

TCorp restructure rolls on

DARREN SNYDER  |  TUESDAY, 18 SEP 2018
New South Wales public sector investment manager TCorp is welcoming two senior appointments. Joining the $94 billion manager's investment team is Adrian Trollor. Beginning in November, Trollor enters the newly-created role of head of partner selection ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
The retail superannuation master trust charged incorrect fees to some of its members in the Suncorp Employee Super and Brighter Super funds and is working on remediating clients. Suncorp charged an incorrect investment fee to its members who joined ...