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Showing 11 - 20 of 489 results for "Bonus"

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... payments totalling $92,687 and corrections to customer. Another $40 million in civil penalties relate to failing to pay bonus interest between July 2013 and January 2024. ANZ promised to pay introductory bonus interest to customers who opened certain ...

Retirees unfairly targeted by tax: HESTA

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
... result, HESTA has called on the government to ensuring retirees' incentives to work are not diminished by indexing the Work Bonus payments thresholds to Average Weekly Ordinary Time Earnings (AWOTE). The Work Bonus allows those at or over Age Pension ...

Salary report shows 23% pay gap for top BDMs

MICHELLE BALTAZAR  |  THURSDAY, 11 SEP 2025
... salary although the survey found that many BDMs did not hit their targets last year, achieving only 35% to 40% of their total bonus potential. This misalignment between the targets and the tough capital-raising environment last year has led to more BDMs ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... adequately manage conflicts of interest, causing investors to be given poor advice. This included advisers having undisclosed bonus arrangements tied to recommending Shield. Other serious compliance failures ASIC alleges included not taking reasonable ...

Return to office mandates to harm firms, careers

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
... despite a mandate being in place are becoming increasingly evident. The three main consequences identified are a lack of bonus payments, a poor annual review outcome regardless of performance, and risks to promotion and promotion oversight. However ...

HESTA calls for reforms to help women in retirement

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... pay. The fund has also again called for super to be paid on the Commonwealth Carer Payment, and for indexation of the Work Bonus threshold so it keeps pace with wage rises and the cost of living. HESTA said this would allow retirees to work more without ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... $225 in the first year, the fund outlined. Members who open a retirement income account may also be eligible for a tax-free bonus of up to $12,350, it added. "Aware Super is dedicated to helping our members reach their retirement goals and keeping fees ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
Defunct advice firm Equiti Financial Services, since renamed DOD Bookkeeping, which has been placed into liquidation, has been slammed with an $11.03 million penalty for providing "cookie cutter" advice and breaching conflicted remuneration laws. Equiti ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

Frontier hires new real assets lead

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... portfolio management, will complement a well-regarded team that already has considerable depth and talent," Newfield said. "As a bonus, Lucy is multi-lingual, including Japanese language skills, which will be useful for our Japanese business and our ...