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Showing 21 - 30 of 835 results for "Incentive"

ASIC appeal in CBA, CFS case dismissed

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... benefits within the definition of 'conflicted remuneration', unlike a financial adviser receiving a financial incentive might. The case was dismissed in September 2022 with costs, stating that the conduct did not constitute benefits under the ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
A Charter Hall REIT suffered a major blow to its bottom line, copping a $198 million loss as substantial devaluations in the commercial real estate sector materialise in the 2023 financial year results. The Charter Hall Long WALE REIT (CLW) made a whopping ...

Bravura names chief executive

CASSANDRA BALDINI  |  FRIDAY, 28 JUL 2023
... acquisition by HUB24 last year. Russell will receive a total fixed compensation of $750,000, complemented by a 33% short-term incentive plan. Additionally, he will receive a one-off grant of 2.5 million options that will vest after three years from the ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... in response to the recent banking stress, including how we regulate and supervise liquidity, interest rate risk, and incentive compensation, as well as improving the speed, agility, and force of the Federal Reserve's supervision. I expect to have ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... handed down on July 4 should remind companies of the importance of putting the customer first. "These unlawful sales incentive programs were a key driver of Select's mis-selling to consumers. The incentive programs were condoned by the managing director ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... the test. One of the problems we have identified is that having these highly tailored benchmarks removes any sort of incentive for funds to reassess their underlying asset allocation," he said. By having a better diversified portfolio, Linden says super ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
APRA and AUSTRAC have agreed to a court enforceable undertaking (CEU) following weakness in the bank's risk management and money laundering controls. APRA said it's acted following several beaches or its prudential standards and a review that ...

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
GSFM is partnering with Australian Entertainment Partners to bring to market a unique vehicle investing in the local film and television industry. The AEP Screen Fund will invest in film and television projects made in Australia, structured so that ...