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Showing 271 - 280 of 496 results for "Bonus"

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
Westpac chief executive of Australian financial services Brian Hartzer has ruled out any sweeping changes to the bank's leadership team when he takes over as top chief executiveA from Gail Kelly on 1 February 2015. At a press conference in Sydney today ...

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
Gail Kelly will step down from her role of chief executive at Westpac on February 1, 2015 to be replaced by Westpac chief executive of Australian financial services Brian Hartzer. Westpac Chairman Lindsay Maxsted said Kelly, who has led Westpac for ...

AIA signs life insurance deal with RAC

STAFF WRITER  |  WEDNESDAY, 5 NOV 2014
... Protect and RAC Accident Protect - have been created. The products will provide life insurance protection with up to 10% bonus cover at no extra cost for RAC members. The partnership with RAC follows recent deals struck between AIA Australia and Bendigo ...

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... her investment earnings (Mercer targets cash plus 1%). After a certain age, the member will then start receiving a 'living bonus', which is paid out of the funds left over by members who have died or withdrawn from the product. However, unlike a traditional ...

Chocolate biscuits and animal spirits

BENJAMIN ONG  |  TUESDAY, 21 OCT 2014
All is clear again on the Wall Street front. Central bank assurances have silenced the Johnny Littles wailing that the sky is falling. We could only imagine now what would have happened to equity markets and in turn to sentiment and then the economies ...

Enter AFA's best tweet competition

ALICE URIBE  |  FRIDAY, 10 OCT 2014
... great if any of you see the #onmyway tweets retweeted. Really looking forward to your involvement and trending would be a bonus!" Financial Standard supports the AFA's social media drive through its annual social media scholarship for advisers called ...

NZ Super CEO higher paid than Aussie counterparts

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... Fund revealed that Orr received NZ$791,462 for the 2013/14 financial year, of which around $200,000 was a performance-based bonus. This translates to approximately AU$710,000. This puts Orr's pay at the higher end of the pay scale compared to his Australian ...

Abbott's SG claim incorrect, survey finds

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
The majority of businesses would fund a rise in the superannuation guarantee (SG) out of their own - not their employees' - pockets, according to survey commissioned by industry fund Sunsuper. This contradicts Tony Abbott's claim last week that the ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
Top Commonwealth Bank (CBA) executives should have frozen their salaries or even taken a pay cut while the compensation process for thousands of victims of poor financial advice remains ongoing, Greens Senator Peter Wish-Wilson said. "It is not a good ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
... Minerals Resource Rent Tax, was saved after the Palmer United Party decided it would oppose its abolition. The income support bonus and the Schoolkids Bonus were also saved. The not-for-profit superannuation sector, represented by the Australian Institute ...