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Showing 331 - 340 of 937 results for "Compensation"

Former QSuper chief joins NZ Super Fund board

KANIKA SOOD  |  TUESDAY, 8 SEP 2020
... is the chair of CBA's staff superannuation fund and chair of the federal government's safety, rehabilitation and compensation commission (from which she will step down in October). She is also a member of the investment committee at Fairfax Family's ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... against CommInsure on August 21. Class Actions practice leader Craig Allsopp said group members were entitled to compensation because they incurred financial losses as a result of conflicted or incorrect advice from financial planners affiliated with ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... social assistance benefits (welfare payments) and 22% increase in gross mixed income (boosted by JobKeeper), while compensation of employees (wages) only saw a fall of 2.2% (also supported by JobKeeper)." The focus should now be on lifting confidence ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... that may include the conduct of lookback audits, financial planning licensors shifting responsibility for client compensation payments to licensees, short notice periods provided to licensees exiting the business and restraint of trade provisions." Labor ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
... "Over the next several months I was placed on medical leave and was directly discouraged from lodging a worker's compensation request by a member of the executive leadership team," she said. After returning to work at AMP, the whistleblower reported ...

Advice remediation tops $1bn

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... Commonwealth Bank, Macquarie, National Australia Bank and Westpac have paid or offered a total of $1.05 billion in compensation to customers as a result of fee for no service, misconduct and non-compliance advice, according to ASIC. ASIC said the $1.05 ...

Calls for consent forms, opt-ins to be scrapped

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... very important extra (not duplicate) layer of oversight, training, resources, and potential dispute resolution and compensation is removed," Ardino and Harrison said. "There is very little duplication in what ASIC and AFSLs do, so if the government removes ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... on the Bendigo and Adelaide Bank class action, has used the losses incurred by Navra's former clients to argue a compensation scheme of last resort is needed.

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... on the advice or recommendation of an adviser from one of the above institutions, you may be entitled to recover compensation for product and advice commissions paid to those institutions," it said. The news comes as the government pursues a crackdown ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... refund members. Of the seven super funds, CFS, Equity Trustees, Intrust and Netwealth will cough up $3.6 million in compensation to 5000 members - while Suncorp, IOOF and AMP will not be remediating members. Between 2017 to 2020, ASIC engaged with seven ...