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Showing 351 - 360 of 922 results for "Incentive"

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... through determinations, and provide genuine remedies for code breaches, including financial remedies, thereby creating an incentive for compliance, it said. For group life insurance, the PJC said it "strongly supported the opt-out model for life insurance ...

CPA Australia names new chief executive

JAMIE WILLIAMSON  |  MONDAY, 26 MAR 2018
... four women from Australia and around the world. He will receive annual base remuneration of $650,000 with an at risk incentive component of one third his base. "The new board has been working to appoint the right person to take CPA Australia forward ...

Convicted SMSF auditor disqualified

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... as a tax professional for a company that fraudulently claimed $549,719 under the Research and Development (R&D) Tax Incentive. Samarakoon also transferred majority of the funds to his personal account, pocketing $380,000, the ATO said then. He is the ...

FSC launches asset manager governance regime

ALEX BURKE  |  FRIDAY, 16 FEB 2018
In response to ongoing scrutiny into the internal governance standards of Australia's asset management industry, the Financial Services Council has commenced its Principles of Internal Governance and Asset Stewardship regime. The FSC heralded the regime ...

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
The Productivity Commission is calling for the existing notion of general advice to be scrapped. In its draft report into competition in the Australian financial system, the Productivity Commission argues the use of the term 'advice' should be limited ...

Insto investors looking for company transparency: Research

ALEX BURKE  |  FRIDAY, 2 FEB 2018
... "unjustified pay," which Morrow Sodali said indicated concerns about "alignment between pay and performance." This includes incentive schemes. The vast majority (93%) of respondents also said that ESG integration into investment strategy "is either fully-integrated ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
The independent governance expert appointed by the Australian Bankers' Association to review its consumer protection reforms, Ian McPhee, voiced his disappointment that not all participating banks have published their "overarching principles on remuneration ...

Banks can take lead on financial inclusion

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
Innovative non-bank institutions will fill the financial inclusion gap in Asia Pacific if traditional banks do not secure an estimated $110 billion in untapped revenue. This is a key point from the latest EY report on financial inclusion - a term which ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
... middle-income earners are discouraged to save for retirement and leads to "detrimental behaviour effects" such as providing an incentive to shift investments from assets that are included in the means test (e.g. superannuation) to those that are excluded ...

Financial advice crucial to industry fund members: Cbus

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
More than 3000 Cbus members have been paired with a Certified Financial Planner under an advice program run in conjunction with the Financial Planning Association. The industry superannuation fund is further encouraging its members to embrace financial ...