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Showing 321 - 330 of 922 results for "Incentive"

NAB cuts bonuses for executives

KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
National Australia Bank chief executive Andrew Thorburn will be paid 11% less than last year if the banking group's performance is at target, following a revamp of NAB's executive pay structure. National Australia Bank chief executive Andrew Thorburn's ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... instance, once they are on they will play it safe because they don't want to come off it. There would therefore be no incentive to innovate." The Productivity Commission iterates in its report that the shortlist should be "short" - no more than 10 products. ...

Hostplus VC assets to hit $1bn

KARREN VERGARA  |  MONDAY, 10 SEP 2018
Hostplus is tipped to become the largest investor in venture capital in Australia as assets are forecast to reach $1 billion by the end of September. Hostplus chief investment officer Sam Sicilia told the AIST Super Investment Conference that the $33 ...

Stale boys club lingers on: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... more. Possible measures for change included legislated equal pay, compulsory reporting of pay data and performance-based incentive or bonus structures. Older survey participants reported seeing little to no change in recent decades, with a consensus ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
Morgan Stanley Wealth Management was caught by ASIC for falsely claiming it was independent. According to the regulator, Morgan Stanley made a claim in an ASX announcement released by Praemium in June that its services included an independent advice ...

Equity Trustees net profit up 28pct, execs get bonuses

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
... short-term opportunity awarded to eligible executives for FY18. Last year, it only paid out 64% of the average short-term incentive that its executives were eligible for. Two executives, who the company says performed exceptionally, took home more than ...

AMP names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
AMP has named its new chief executive, ending months of speculation. Francesco De Ferrari will take the helm from 1 December 2018. He was most recently chief executive, South East Asia and Frontier Markets at Credit Suisse, as well as head of private ...

Indigenous Australians face super challenges: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
The Royal Commission heard today of the difficulties indigenous Australians face in engaging with the superannuation system. Introducing the topic of this morning's hearing, counsel assisting Rowena Orr outlined the systemic issues indigenous Australians ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
... Hodge put forth that for the 16,000 or so linked to an adviser paying a trail of grandfathered commissions, there was no incentive for them to move to the new price structure notwithstanding that they would be better off. Oliver agreed with this deduction. ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...