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Showing 281 - 290 of 900 results for "Compensation"

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
... 2018. IOOF retained the corporate trust business, which provides private client trustee services, estate planning and compensation trusts.

AFCA pivots to member experience

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... has received more than 153,000 complaints and resolved around 135,000 disputes and awarded over $474.5 million in compensation. In its recent annual report, AFCA revealed complaints had risen to 80,546 from 47,223, which is a 14% increase in the monthly ...

Stockpicker pay cheques revealed

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
... sector. Peter Lee interviewed 80 investment professionals in September and October for its Australian Equity Investors Compensation Benchmarking Report. Chief investment officers and heads of equities -- which were clubbed together -- had a mean salary ...

SEC chair to depart

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... market integrity and investor protection. During his tenure, he obtained orders for over $14 billion in monetary compensation with over $4 billion of that in FY2020 and returned around $3.5 billion to investors and a further $565 million to whistleblowers. ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... reported that it resolved 76,681 complaints during the 2019-20 financial year and awarded or obtained $258.6 million in compensation or refunds to complainants. Most complaints lodged with AFCA related to banking and finance at 58%, down from 60% last ...

Culture creates better outcomes: Research

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... works for them, followed by increasing the weighting of culture in performance management reviews and in incentive compensation. Lastly, senior leaders have the ability to guide culture by personal example." But the biggest cultural issue that the respondents ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... dismissed. McVeigh and Rest have been ordered to each bear their own legal costs. McVeigh was never seeking financial compensation from his super fund, instead asking Rest to make certain commitments to tackling climate change and to recognise its role ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... circumstance. The big banking and financial services institutions have paid or offered a total of $1.05 billion in compensation as at 30 June 2020, according to ASIC.

Advice reforms to be legislated: Hume

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
After having previously been placed on hold, the single disciplinary body for financial advisers and the compensation scheme of last resort is set to be legislated by mid-2021. Speaking at the 2020 Association of Financial Advisers Vision Conference ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... a new role which decreased her anxiety and social isolation. Allianz also recently released a report into workers compensation claims costs relating to mental health, finding these have increased by 80% in the last three years. The research found that ...