Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 643 results for "Salary"

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... as a teenager. Mackay and Douglass would go on to become colleagues at Schroders. Cairns was paid a $1.54 million base salary and a $772,500 bonus for his role as chief executive of the fund manager in FY2021. According to Magellan's most recent ...

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... employers pulling out all cards in an attempt to retain staff. It was a bustling quarter for the Kaizen team with the average salary placed at $141,000, at a high of $330,000 and a start of $70,000," Kaizen said. Last quarter, 57% of the firm's placements ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... larger home stock for younger families. Additionally, the bill supports the repeal of the work test for non-concessional and salary sacrificed contributions which will be implemented through regulation changes the government intends to make before the ...

Rest firms up net zero pathway

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
... 48-year-old member has an account balance of $67,000 and earns around $48,000 per year. A member with this account balance and salary could be approximately $50,000 better off when they retire at age 67 in 2040 if the world acts to keep temperature rises ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... is for the government to set the most appropriate superannuation guarantee contribution rate. The paper states 10-12% of salary (based on current Age Pension and means testing rules) to be the most appropriate rate, which is a contrast to Retirement ...

Praemium appoints chief executive

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
... important time for the company." Praemium will pay Wamsteker $600,000 base pay including superannuation, up to 50% of base salary as performance-based short-term incentives, and performance rights as long term incentives. In May, Wamsteker replaced Michael ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... increase overall in requests for risk and compliance professionals since the Royal Commission," Chisholm said. The average salary for roles Kaizen observed in the market last quarter was $139,000 and the highest salary it saw was $300,000. And, in good ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... investing in shares with their savings." He added: "We have been trained by the industry to blindly hand over 10% of our salary and then throw away the key for 30 years. We think it's time to say no to this." Through Superhero Super, members will ...

Eliminating debt prioritised over pension contributions

KARREN VERGARA  |  MONDAY, 19 JUL 2021
A new study from the US finds that workers would rather pay off debt than contribute as much as 10% of their salary to their pension plan. J.P. Morgan Asset Management's annual survey found that 65% of employees haven't been able to contribute to their ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
... CFS predicted a 45-year-old to gain $51,000 in at-retirement balance at 67 from SG increase, and $400,000 from maximum salary sacrificing. For 50-year-olds, it predicted a $36,000 increase from SG rise, and $296,000 from maximum contributions at new ...