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Showing 311 - 320 of 1112 results for "Remuneration"

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... to push the ongoing need for accountability in financial services and said APRA plans to push ahead with its draft remuneration plan despite harsh criticism. Speaking about the draft CPS 511 Remuneration standard, Rowell said in the seven months since ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... shortfall and losing 444 advisers, AMP's board has approved an 80% increase to chief executive Francesco De Ferrari's remuneration. It has also announced the resignation of its chief risk officer. The country's largest wealth manager reported losses ...

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... says it has solutions to help financial advisers meet the Code of Ethics requirements that they avoid conflicted remuneration and consider ethical and responsible investments in a more in-depth way. "For advisers the FASEA standards are no longer an ...

Old boys, girls clubs dominate boards

ALLY SELBY  |  FRIDAY, 7 FEB 2020
... might be seeing some of the governance crises we are seeing in our major institutions." WOB said risk aversion, low remuneration for recruiters, lack of professionalism and the prevalence of 'old boys and girls clubs' were key issues causing this dissatisfaction ...

Industry fund risk lead resigns

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... at the fund for close to three years, having joined from APRA in May 2017 where he was a governance, culture and remuneration specialist. He had also previously held roles with Commonwealth Bank and Deloitte. Gokhan Oguzhan has been appointed to replace ...

Future Fund chief to lead IFM Investors

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... success. "We wish him well in his new appointment." As the chief executive of the Future Fund, Neal was paid a total remuneration of $1.47 million last financial year, the annual report shows. This includes a base salary of $648,591, bonuses of $770,759 ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... renewal (trail) commission for keeping the policy in-force," Rice Warner said. "The investment community used similar remuneration structures - in the 1980s, it was not uncommon to pay a fee of 8% of the purchase price to buy into a property trust." ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... executive Rod Bristow has urged the industry to reconsider the debate, commenting that the discussion on conflicted remuneration has "devolved to 'if the conflict exists, it will be exploited.'" "There are various conclusions being drawn that point to ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... the raise. It will also cover the IPO costs through MFG. "We are addressing potential concerns regarding conflicted remuneration by proceeding without appointing a broker syndicate or paying any fees or commissions to any brokers or advisers to handle ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... financial entities, as well as accountability maps and statement obligations, notification obligations, and deferred remuneration obligations. In its proposal paper, the government said that while the FAR adopts the "essential structure" of the BEAR ...