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Showing 421 - 430 of 1112 results for "Remuneration"

Major shareholders defy proxy advisers: Research

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... Banking and Financial Services sector has led to investors increasingly forming their own independent views on company remuneration and re-election resolutions," she said. The numbers show it is clear companies need a strategy to ascertain and influence ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
... for retail credit," EY wrote in its Where to next report. The recommendations to remove grandfathered conflicted remuneration, reduce life insurance commissions to zero and ask for annual consent to fees are expected to bring significant disruption and ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... commissions would be if abolishing them would leave Australians "underinsured". "I doubt that a complete ban on conflicted remuneration in respect of life insurance products would lead to significant underinsurance," Hayne said in the report. Further ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... most cases lead to better outcomes for consumers - but only time will tell whether ongoing conflicts of interest and remuneration settings will result in problems re-emerging. Association of Superannuation Funds of Australia chief executive Martin Fahy ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... changes to life risk insurance commissions could leave people underinsured. "I doubt that a complete ban on conflicted remuneration in respect of life insurance products would lead to significant underinsurance," Hayne said in the report today. "While ...

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... grandfathered commissions will be outlawed. Further, from 1 January 2021, payments of any previously grandfathered conflicted remuneration still in contracts will instead be required to be rebated to applicable clients where the applicable client can ...

Superannuation smashes gender diversity goals

KARREN VERGARA  |  SUNDAY, 3 FEB 2019
... aims to broaden the pipeline of women at all levels of the organisation. APRA's data shows the average director remuneration totalled $52,133 per annum for 2018. In 2014, this was about $36,935, an increase of 41.1%. Interestingly, female representation ...

AUB Group hires chief executive

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... us to conduct a thorough search and plan for a smooth leadership position." Emmett's salary will be a fixed annual remuneration of $850,000 including super plus incentives. There is a short term incentive (STI) of $600,000 (if on target) capped at a ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... warning managed accounts providers of the potential implications the financial services Royal Commission will have on remuneration and product recommendations. The Fold Legal chair Claire Wivell Plater urges financial advisers not to be "naive" in thinking ...

Count Financial seeks new GM

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
... executive manager, business delivery at Count Financial. Prior to this he was a project manager, responsible for adviser remuneration and incentives. CBA executive general manager of advice Hugh Humphrey described Spurr as a much-respected member of ...