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Showing 231 - 240 of 650 results for "salary"

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... These were not raised in my notice of termination and are not consistent with AMP's comments about my promotions, my salary and my bonus," Cook said. "They are also difficult to reconcile with the many messages of encouragement and support I have ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
... with additional accrued leave entitlements. The report shows this is the equivalent of chief executive Renato Mota's full salary, including superannuation. Kelaher was on a leave of absence from 1 July 2018 while IOOF defended the legal action brought ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... litigation within the AMP Group, which at that time was primarily insurance claims and advice complaints. Her base gross salary was $320,000. About a year into the job, Cook claims her responsibilities were increased and the size of the team that she ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... UK-firm FNZ. Lake won damages for breach of contract for wrongful termination of his employment ($643,100 as 12 months' salary, including superannuation), about $1.4 million (the value of the 365,177 ordinary shares in GBST as at 9 November 2015) and ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
Perceptor has revealed the state of financial services salaries and bonuses in its 2019/2020 Market Trends and Salary Review. The boutique recruiter pointed to the outcomes of the Royal Commission as a leading factor in the changes. "There is no doubt ...

UK insurer fined for annuity sales failings

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... customer outcomes. "Call handlers were incentivised by the possibility of earning an additional 37% on top of their base salary and winning prizes such as spa breaks or weekend holidays," the FCA said. Prudential did not dispute the FCA's findings and ...

Treasury agreed with Grattan SG modelling

KANIKA SOOD  |  TUESDAY, 24 SEP 2019
... Grattan's modelling "broadly tells a similar story" to its own modelling. "This includes the projection that median wage and salary earners entering the workforce today will have high replacement rates (retirement incomes compared to measures of ...

Government super fund changes insurance terms, premiums

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... insurer AIA Australia. From 1 October 2019, members of GESB Super and West State Super will see changes to their TPD and salary continuance insurance (SCI). For death and TPD insurance changes, the terms 'sane or insane' will be replaced with ...

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
While closing the salary sacrifice loophole is important, the bigger issue that needs to be addressed is that of unpaid super, according to Industry Super Australia. That was the main point in the body's submission to Schedule 7 of the Treasury Laws ...

Wealth projection boosts super fund engagement

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... also spiked compared to the group who were only given their balance. The proportion of members with an RIE tended to make salary sacrifice contributions 33% higher, the research found. University of Sydney lecturer and co-researcher George Smyrnis said ...