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Showing 331 - 340 of 935 results for "Incentive"

Super funds call for grandfathering ban

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Superannuation funds are rallying to see an end to grandfathered commissions and for the regulator to impose stronger sanctions on those that fail to act in the best interests of members. In its submission to the financial services Royal Commission ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... tactics when selling financial products. Additionally, what other changes, such as more restrictions on remuneration or incentive structures are necessary? They also posed the possibility of ASIC potentially having jurisdiction over the handling and ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
An inquiry has been launched to examine the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. ...

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 ...