Search Results | Showing 151 - 160 of 937 results for "Compensation" |
| | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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) ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | The Compensation Scheme of Last Resort (CSLR) warned the advice sector should brace for an even bigger levy in the 2026 financial year, forecasting a total of $20 million. Financial advisers are set to cough up more than $20 million in FY26, which will ... |
| | | | ... Complaints Authority (AFCA) determination on June 28 led to the cancellation of its AFSL and credit licence as the Compensation Scheme of Last Resort (CSLR) had to step in and compensate the consumer $19,429.60. "Where the CSLR pays compensation to an ... |
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