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Showing 241 - 250 of 1112 results for "Remuneration"

Crennan nabs new gig

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
... was paid relocation expenses and an ongoing rental allowance to the tune of $69,921. The payments brought his total remuneration to $681,549 last year - more than $70,000 over his salary cap. At the time, Crennan said he had planned to retire in 2021 ...

BT reduces wholesale fees

ELIZA BAVIN  |  TUESDAY, 10 NOV 2020
... shortly take effect from 1 January 2021 which includes changes to the current exemption from the ban on conflicted remuneration and to the requirements imposed on product issuers in relation to ongoing advice fee arrangements," BT said. It said in conjunction ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... latest annual report shows AustralianSuper incurred a total of $862 million in expenses. Management and director remuneration amounted to $10 million, while marketing services paid to Industry Super Australia stood at $5.07 million. Additionally, the ...

BT changes adviser fee structure

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... will also take effect from 1 January 2021 which includes changes to the current exemption from the ban on conflicted remuneration. "In conjunction with these changes and following a review of our management fees to ensure they remain competitive for ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... delivered a first strike against its executive pay yesterday. Of the total votes cast, 28.25% were against adopting the remuneration report, meaning it was approved but faced a 'first strike' as more than a quarter voted against it, under the ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... growth fell from 3.33% before the cut to 3.27%, meaning that employers pocketed the lost super and workers' total remuneration also went backwards. The economic downturn caused by the COVID-19 pandemic makes wage rises less likely and given the circumstances ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Pengana International Equities (PIA) faced a first strike against its remuneration report, as about 49.9% of votes went against it. Unitholders of the LIC had two resolutions before them at the October 28 Annual General Meeting: THE reelection of David ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... in pace in terms of how it's been dealt with." Chester explained it took a long time as it was referred to the remuneration tribunal who said because the payments had been made; the ANAO was not in a position to make a retrospective determination ...

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... Treasury, as allegations have emerged that Treasury may have known about the concerns relating to Shipton and Crennan's remuneration and failed to act. "Why are victims of financial crime able to perceive the Treasury Department as an agent that is protecting ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
ASIC deputy chair Daniel Crennan has resigned following revelations his remuneration exceeded the regulator's salary cap. Senator Mathias Cormann tabled a statement from Crennan during Senate Estimates this morning at the request of Treasury. "In ...