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Showing 1701 - 1710 of 3918 results for "law"

Blue Sky LIC adds new directors, denied pay rise

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
Two new board directors have been appointed to oversee the Blue Sky Alternative Access Fund. At the same time, a six-figure aggregate increase to the annual remuneration of non-executive directors was not approved by shareholders. Based on proxy forms ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... whether NAB should have funded customer litigation against itself to obtain an outcome for customers. "In other areas of the law, as you would be familiar, there are other approaches that are followed," he said. "I have wondered whether in this case ...

SelectingSuper honours super industry leaders

DARREN SNYDER  |  THURSDAY, 22 NOV 2018
... they thrive. "It's so perverse that if the regulator wanted to boot poor performing "mutt" funds out of the industry, the law as it stands doesn't let them." He added Australia's best super funds routinely earn more than double what the worst ...

CBA board ignored key issues in deciding executive pay

KANIKA SOOD  |  WEDNESDAY, 21 NOV 2018
The Commonwealth Bank board ignored major scandals besieging the bank when it approved the variable remuneration for its top executives for FY16, the Royal Commission heard. The bank's top executives were paid a fixed pay and variable pay split into ...

New terms for early super access receives mixed reaction

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
... superannuation to circumstances of domestic and family violence, as well as improving the visibility of superannuation assets in family law proceedings. "We support the development of tools that assist parties to create super splitting orders, including ...

Super fund slashes fees, switches administrator

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
... members will no longer be charged exit fees ($35). For retirement scheme members, switching fees ($20) and request for family law information fees ($275) no longer apply. Additionally, defined benefit members will not be charged the latter. Across the ...

Industry fund appoints risk executive

JAMIE WILLIAMSON  |  WEDNESDAY, 21 NOV 2018
A $2.5 billion industry superannuation fund recently welcomed a former Energy Super compliance specialist to lead its risk and governance function. Lisa Swenson joined Intrust Super as executive manager, risk in October. In doing so, she succeeds former ...

FASEA listens as advice industry combs blueprint

DARREN SNYDER  |  TUESDAY, 20 NOV 2018
... subjects from a short list of related fields," AFA chief executive Phil Kewin said. These fields include accounting, taxation law, finance law, finance, business law, investment, estate law, banking and economics. "This is much more in alignment with ...

FASEA clarifies adviser exam rules

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... clarity of what is always expected of an adviser to act, in all cases, in a manner that is demonstrably consistent with the law. Case studies have also been included in the Code of Ethics explanatory statement to provide additional guidance for key stakeholders. ...

AI ramping up but legal risks remain

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
... McKenzie surveyed 355 financial services leaders around the world for Ghosts in the Machine: Revisited which builds on the law firm's 2016 survey on AI. Only 32% of the leaders surveyed believed that financial regulators have sufficient understanding ...