Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 935 results for "Compensation"

New Zealand investors call for action after attacks

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... on social media content in the wake of the Christchurch terrorist attacks. Last month the NZ Super Fund, Accident Compensation Corporation, Government Superannuation Fund, National Provident Fund and Kiwi Wealth partnered to call on social media companies ...

Australian Ethical mulls Facebook divestment

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... more than NZ$90 billion - have called on Facebook, Google and Twitter to take action. The NZ Super Fund, Accident Compensation Corporation, Government Superannuation Fund Authority, National Provident Fund and Kiwi Wealth have joined forces to ask Facebook ...

Westpoint investors to receive $1.5m

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... from the investment scheme's liquidation process and Westpoint companies not in liquidation, and almost $93 million compensation from ASIC's actions. Between 3000 and 4000 investors were owed money when Westpoint collapsed in 2005.

IOOF faces class action

KANIKA SOOD  |  MONDAY, 18 MAR 2019
... court's decision. Scattini was a lawyer at Slater & Gordon in 2010 when the firm worked on getting investors compensation from Commonwealth Bank after Storm Financial collapsed. He is now a partner at Quinn Emanuel and will lead the team working ...

New NAB chair seeks to ease shareholders

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... outcomes and the management of non-financial risks over the long and short-term," he said. "And we will make sure compensation appropriately reflects the individual and collective performance of the executive team." Chronican said one main focus going ...

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... includes a directions power. This would allow ASIC to direct AFS licensees to establish suitable customer review and compensation programs." ASIC said the delays boiled down to a variety of issues, but cited poor record keeping and the "legalistic" approach ...

Grandfathered commissions ban unconstitutional: Association

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2019
... in relation to a potential challenge to the validity of proposed amendments to remuneration structures without any compensation to members given the radical change in the Commonwealth's position and its stated legislative intention," the announcement ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... additional measures, Labor will look to improve the Australian Financial Complaints Authority (AFCA). Caps on possible compensation will be significantly increased, including the quadrupling of compensation for consumers and doubling of that to small ...

ASIC finalises EU with HSBC

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
... HSBC reported an additional 220 cases had process issues. Overall, HSBC offered affected clients about $690,000 in compensation across all product types. Ernst & Young was appointed as an independent expert under the EU. It determined that HSBC has "materially ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
... businesses about a credit facility up to the value of $5 million. Small businesses will also benefit from an increased compensation cap from $323,500 to $1 million, and primary producers such as farmers have a compensation cap of $2 million. Australian ...