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Showing 361 - 370 of 646 results for "Salary"

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
... celebrations and beyond," she said. Kelly is Australia's best-paid banker. According to Westpac's annual report, Kelly's total salary last financial year jumped to $12.8 million. Hartzer is currently A responsible for Westpac's retail, business banking ...

Astarra director banned, loses AAT appeal

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... Astarra Strategic Fund (ASF) Product Disclosure Statement. He also received more than $388,041 in payments outside his salary as a reward for his involvement in the investment of ASF assets in certain funds. Astarra was one of the groups caught up in ...

ASIC pays commissioners $2.9m in 2014

LAURA MILLAN  |  THURSDAY, 30 OCT 2014
The five top executives at the Australian Securities and Investments Commission (ASIC) will receive a total salary of $2.9 million for 2014, about $10,000 less than in 2013. The ASIC annual report did not match the name of each commissioner with the ...

NZ Super CEO higher paid than Aussie counterparts

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... active investment, with 70% of its investments managed this way. Chairman Gavin Walker, chairman of NZ Super Fund, said the salary and cost structure of the fund reflects how the fund's Guardians have moved to bring more investment expertise in-house ...

Australians miss out on billions in unpaid super

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
... their superannuation to ensure they are not missing out on payments. "By law, your employer is required to pay 9.5% of your salary into your superannuation account, and at least quarterly. The deadline for the next quarterly payment is October 28, so ...

Throw out relative performance tables: Finsia

MARK SMITH  |  THURSDAY, 11 SEP 2014
... wealth over an agreed timeframe) and projected replacement rate (i.e. projected annuity income divided by projected final salary) were all suggested as alternatives to the current focus on annualised returns over one, three, five and 10 years. According ...

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... and estate planning purposes instead of retirement income," adding: "Besides, people are locked into paying 12% of their salary into super. The key to Michael's concern is in adequate member communication, which the industry takes very seriously anyway." ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... poor financial advice remains ongoing, Greens Senator Peter Wish-Wilson said. "It is not a good look to be increasing your salary when your organisation is dealing with a scandal that hasn't been fixed yet," Whish-Wilson told Financial Standard. The ...

Telstra offers incentives to switch DB members to accumulation

MARK SMITH  |  THURSDAY, 17 JUL 2014
... the switch which will vary depending on their circumstances. These include a favourable adjustment to the Final Average Salary (FAS) calculation, additional take-home pay and increased superannuation contributions for a period of time if they transfer ...

MyState names new CEO

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
... with Westpac. In the announcement, MyState volunteered details of Sulicich's four-year contract. He will be paid a fixed salary of $550,000 per annum including super, with a short-term cash bonus of up 50% of his fixed remuneration (FAR), and a long-term ...