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Showing 221 - 230 of 922 results for "Incentive"

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... - which resulted in a reduction in fees (from 1% of net asset value to 0.75% of market capitalization, to provide an incentive to reduce the discount to NTA). As of June 30, TGG's top holdings included Wheaton Precious Materials (3.7%), Roche (3.5%) ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
APRA will resume its intervention into the life insurance market to stem ongoing heavy losses in individual disability income insurance. APRA announced its intervention in December last year, highlighting flaws in individual disability income insurance ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage hiring. With both monetary and fiscal policies going for growth, and COVID-19's second wave appears ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage hiring. As Debelle acknowledged in his recent address, while "monetary policy actions are also having a ...

Women receive worse advice: Study

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
Financial advisers tend to give female clients poorer advice and recommend riskier assets compared to male clients, a new study shows. Women are significantly more likely to receive undiversified financial advice than men, researchers from the Hong ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... and 2022/23 financial years. "Increasing the value of the current government co-contribution scheme will provide an incentive for some to make extra payments as they are able to," AIST said. Despite this, AIST said the legislated increase in the superannuation ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... anniversary date at which an advice client would be entitled to their annual review. It also maintained a financial incentive scheme that, before 1 July 2018, contained new advice revenue targets that had to be met before the adviser would receive an ...

Rejigging retirement income: First Sentier Investors

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
... requirement to bridge the knowledge gap between the finance industry professionals and the end consumer. There is a clear incentive to simplify but the key is to not make it simpler than it needs to be," he said. He explained the flow on effect of over-simplification ...

Link Group hires new chief executive

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
An insurance giant's chief executive has snagged the top job at Link Group, as John McMurtrie announces his retirement in early 2021. Vivek Bhatia is currently the Asia Pacific chief executive of $14.8 billion market cap QBE Insurance Group, after being ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI). ACSI's CEO Pay in ASX200 Companies research shows that ...