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Showing 421 - 430 of 900 results for "Compensation"

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... The Australian Information Commissioner is already investigating the matter, though IMF Bentham highlighted that compensation for affected Facebook users may not result if the Commissioner opts to enforce a civil penalty against one or more of the entities ...

Former Suncorp executive joins MetLife

KARREN VERGARA  |  TUESDAY, 19 JUN 2018
... of First State Super when incumbent Michael Dwyer steps down in November. McDermott was most recently the workers compensation group executive at claims and injury management business EML. Prior to that, McDermott held senior leadership roles at Suncorp ...

ASIC drags Westpac to court

KANIKA SOOD  |  MONDAY, 18 JUN 2018
... Westpac said in a statement. Westpac has reported to ASIC that, as at 14 June 2018, it has paid about $12 million in compensation to clients impacted by Sinha's poor advice and ongoing advice service failures. It said it has also made improvements ...

Life insurer early intervention a win: Research

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... growth in mental illness claims. "Claims for mental illness are particularly costly, with relatively high median compensation payments and, by far, the longest median time spent off work (16 weeks) compared with other injuries or illness," it said. AIA ...

Cromwell appoints new director

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... to last annual report dated September 2017. They don't receive bonus payments or participate in security-based compensation plans, the report said. Last year, Cromwell paid $97,240 each to its non-executive directors - up about 4% over the previous ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
The Federal Government released draft proposals for improving compensation for victims of crime, including the ability to claw-back irregular superannuation contributions made by criminals. To ensure superannuation accounts cannot be used as a safe ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... Ombudsman. PHA is also recommending that life insurers and private health insurers be permitted to share information about compensation settlements, subject to the member's consent. The PJC is due to report by 20 September, 2018.

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Newly-minted ASIC chair James Shipton said there will be more consumer compensation to come over fees for no service financial advice. Three months into his role, Shipton addressed the annual Australian Council of Superannuation Investors (ACSI) conference ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... and head of digital and wealth Australia, Kylie Rixon. The bank then limited revenue-based measures to only 15% of compensation criteria and abolished the leader board, Rixon said. Today, ANZ said it has removed all sales incentives for bonuses and will ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... advisers, managed investment schemes and superannuation trustees." "It will operate significantly higher monetary and compensation limits for consumer and small business complainants, as well as provide enhanced access to free dispute resolution for ...