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Showing 271 - 280 of 900 results for "Compensation"

ASIC extends olive branch to inside traders

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... will be given due credit for any cooperation received...ASIC will not provide immunity from any administrative or compensation actions. Any cooperation provided by an individual will be considered in determining whether to take administrative action ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... AFCA has assisted over 153,000 Australians to resolve disputes with financial firms, providing over $535 million in compensation to individual consumers and small business owners." The AFCA spokesperson also pointed to the Independent Liquor and Gaming ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Six of Australia's largest banks have paid or offered a total of $1.24 billion in compensation to customers, according to new ASIC figures. The funds have been returned to customers who suffered loss or detriment due to fees for no service misconduct ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
IOOF is set to pay tens of millions in compensation after losing an appeal involving its subsidiary Australian Executor Trustees (SA) Limited. The Court of Appeal dismissed AET's appeal against a decision made by the Supreme Court of New South Wales ...

Gender diversity has a way to go: Research

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... women than they are losing with 69% having a strategy for recruiting women and 59% conduct a global gender-based compensation review. In addition, 85% of employees returning to work after parental leave stay with their companies and 65% offer lactation ...

Careful portfolio rebalances needed: First Sentier

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... said, at the same time, fixed income has revealed its limitations as there is not enough returns from fixed income to compensation for the volatility in capital value. "Instead, we favour a 'barbell' approach, owning some longer dated government bond ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... strategy that delivered "exceptional performance" was responsible for roughly 60% of the performance fee earnings. Compensation for BlackRock employees was up year on year by about half a million US dollars. BlackRock also took a minority stake in Clarity ...

Lack of diversity major business risk: SSGA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
... the racial and ethnic composition of their boards. Further, from 2022, SSGA will also vote against the chair of the compensation committee at companies in the S&P 500 that do not disclose their racial and ethnic diversity statistic via a document called ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... annual leave, parental leave, long service leave and in some jurisdictions, they are not even covered for workers compensation. "With no employer contributions to superannuation for a period of their working life and minimal personal contributions, many ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... simplified and non-simplified prospectus, fee disclosure, portfolio holdings disclosure, portfolio manager name and compensation disclosure as well as ESG and stewardship disclosure. Only India and the United States received a top rating from the 26 ...