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Showing 321 - 330 of 893 results for "Ken"

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... that ACSI expressed concern for some time about NAB's new incentive structure and welcomes the decision announced by chair Ken Henry to rethink the scheme. However, it was the board's decision to award significant bonuses to the executive team that led ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

Shareholders put NAB board in the hot seat

KARREN VERGARA  |  WEDNESDAY, 19 DEC 2018
... should do more to reach out and connect with aggrieved customers rather than rely on net promoter scores figures. NAB chair Ken Henry was then criticised for saying it will take 10 years for NAB to change the bank's culture at the Royal Commission. ...

Multiforte founder takes AFA Inspire lead

HARRISON WORLEY  |  TUESDAY, 18 DEC 2018
The founder of boutique advice firm Multiforte Financial Services will lead the AFA's community of practice for women in advice. The AFA appointed Kate McCallum as the national chair of AFA Inspire, bringing the Multiforte co-chief executive's wealth ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
Financial planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
The financial services industry is ambivalent about having one overarching regulator, Financial Standard 's latest survey shows. Asked if it was feasible to merge APRA and ASIC, Financial Standard' s readership was split. The structure of Australia's ...

MLC Life restructures team, ramps up transformation ambitions

KARREN VERGARA  |  MONDAY, 3 DEC 2018
MLC Life Insurance announced major changes to its innovation and transformation teams with three senior hires and a restructure of its executive lineup. In a bid to ramp up its technology transformation, the life insurer made three new appointments ...

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... trust in business coincided with executive remuneration remaining high despite the misconduct exposed at the Royal Commission. Ken Henry should resign immediately - Josh Bornstein (@JoshBBornstein) November 27, 2018 The Australia Institute director Josh ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
The public were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and ...

ANZ hid reasons for executive pay cuts

KANIKA SOOD  |  THURSDAY, 29 NOV 2018
ANZ chief executive Shayne Elliott admitted the bank did not disclose to its shareholders or staff that three of its senior executives had their variable pay held back in FY18 on account of compliance issues. Elliot's own variable remuneration was ...