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Showing 21 - 30 of 492 results for "Bonus"

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
Defunct advice firm Equiti Financial Services, since renamed DOD Bookkeeping, which has been placed into liquidation, has been slammed with an $11.03 million penalty for providing "cookie cutter" advice and breaching conflicted remuneration laws. Equiti ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

Frontier hires new real assets lead

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... portfolio management, will complement a well-regarded team that already has considerable depth and talent," Newfield said. "As a bonus, Lucy is multi-lingual, including Japanese language skills, which will be useful for our Japanese business and our ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
Mergers, corporate fund closures and executive moves were the major motifs for Financial Standard readers this year. Unsurprisingly, further consolidation in the superannuation sector was a major driver of audience interest this year with a number of ...

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... artist, Justin Maller, each piece of digital art will be a collectors' item in its own right, as well as providing access to bonus levels of return on investment based on a lottery system applied at the end of the sales window." At the close of the fund ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... different story with executive bonuses. ACSI reported that in the ASX 100, only two chief executives didn't take home a bonus in FY23, with the median bonus being 66.3% of their maximum potential. There were also 24 termination payments across the full ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
MetLife introduced several changes to two products that are available through financial advisers. The changes that took effect on June 30 impact policyholders in MetLife Protect and MetLife Protect Super. MetLife Protect insures against death, trauma ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Australian Taxation Office (ATO) has issued a draft update to its tax ruling TR 2023/4 for consultation which determines when a person is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). The draft update ...

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Recruitment at all levels across most categories in the financial services industry has been lacklustre over the 2023/24 year, but there are some skills highly in demand, according to new data from Perceptor. The one exception has been insurance, which ...