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Showing 131 - 140 of 1112 results for "Remuneration"

No big surprises, Levy promises

CASSANDRA BALDINI | WEDNESDAY, 23 NOV 2022

... institutions so that's not a proposal that I have changed." Another "slight adjustment" will be regarding life insurance remuneration. "I think it's fair to say I came into this review, not being a fan of commissions. And I continue to have real ...

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI | WEDNESDAY, 16 NOV 2022

... will do it when they are distributing their own products. But there are laws that say you can't get conflicted remuneration, so that they can't be paid for distributing somebody else's products. "There are laws about acting efficiently, honestly ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN | TUESDAY, 15 NOV 2022

Magellan is seeking to increase the maximum remuneration paid to all non-executive directors from $750,000 to $1.75 million. Magellan has scheduled an Extraordinary General Meeting to vote on the matter on December 14. The last time shareholders approved ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON | THURSDAY, 3 NOV 2022

A new paper from the Quality of Advice Review recommends life insurance commissions be retained, but additional disclosure rules be introduced to ensure clients consent to the payments. In August, the first proposals paper from the Quality of Advice ...

Investment teams hire two men for every woman: Study

JAMIE WILLIAMSON | WEDNESDAY, 2 NOV 2022

... how they can make them more inclusive," Miller said. Miller said tying diversity performance to senior executive remuneration is needed as "incentivisation is arguably now the quickest win when it comes to driving meaningful change."

Mirvac selects Lloyd-Hurwitz's replacement

CHLOE WALKER | MONDAY, 31 OCT 2022

... and a high performing culture." Hanan is set to commence his role as leader of Mirvac on 1 March 2023, with a fixed remuneration of $1.5 million per annum.

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON | THURSDAY, 27 OCT 2022

ASIC is appealing the Federal Court's ruling in its conflicted remuneration case against Commonwealth Bank and Colonial First State. The case related to the Essential Super product, with ASIC alleging the two entities breached conflicted remuneration ...

Plans afoot to narrow gender pay gap

JAMIE WILLIAMSON | WEDNESDAY, 26 OCT 2022

... amended so that the national workplace relations system can better address issues of pay equity, with a statutory equal remuneration principle to make it easier for women in low-paid sectors to make pay equity claims. It will also be required to consider ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON | THURSDAY, 29 SEP 2022

... year. In total, this amounted to about $22.7 million over nine payments. ASIC alleged CBA and CFS breached conflicted remuneration laws with their agreement to have the former distribute the superannuation product, but the court found that the payments ...

Karen Phin retires from Magellan board

CHLOE WALKER | WEDNESDAY, 21 SEP 2022

... Phin joined the Magellan board in 2014 and served as a member of the audit and risk committee and as a member of the remuneration and nominations committee since her appointment. Prior to Magellan, Phin worked as a managing director, head of capital ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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