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Showing 441 - 450 of 935 results for "Incentive"

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... upfront commissions on a policy's first year premium proposed in the legislation were necessary as they "created an incentive to offer advice that may not be in the best interests of the client, notwithstanding the legal requirements of the best interests' ...

BKI appoints external investment manager

ALEX BURKE  |  MONDAY, 26 SEP 2016
... not charge a performance fee to BKI. BKI explained further: "Millner and Culbert have surrendered all outstanding BKI incentive plan rights, both long-term and short-term. "The externalisation of portfolio management services will be governed by the ...

Westpac alters incentive structure

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
Westpac chief executive Brian Hartzer has announced changes to employee incentives, including the removal of all product related incentives. In a speech to the Australia Israel Chamber of Commerce in Melbourne, Hartzer revealed Westpac will be removing ...

Canadian instos approved for Aussie ag investment

DARREN SNYDER  |  THURSDAY, 22 SEP 2016
... rivals in rail or grain to compete. "The ACCC does not consider that the acquisition gives Glencore Agriculture the incentive to use its position in the grain supply chain in South Australia to adversely affect Pacific National's rivals. The nature of ...

Fund managers must offer genuine partnerships

MARK SMITH  |  WEDNESDAY, 14 SEP 2016
... that strong alignment with client interests persists. "As an employee-owned firm, a meaningful portion of employees' incentive compensation as well as the majority of my own wealth will be invested alongside client funds. Personal securities trading ...

A-REITs will have to work harder in 2017

DARREN SNYDER  |  TUESDAY, 13 SEP 2016
Real estate fund manager Folkestone says several positives came out of the A-REIT reporting season and 2017 will present challenges to maintain the investment vehicle's strong returns. Folkestone's latest analysis shows A-REITs returned 26% in the year ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
... month's 23.2% gain. Compact and small cars - up around 41% -- drove the overall increase in sales, supported by tax incentive on vehicles with engines up to 1.6 litres. This "rebalancing" towards domestic consumption would be tested once the tax incentives ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... culture within the financial advice, credit, insurance and superannuation sectors. Key target areas include reward and incentive structures, whistle-blower policy, conflicts of interest, nature and level of complaints and complaints handling. To mitigate ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... and Advice found that remuneration arrangements allowing commissions of 120% of the first year's premium created an incentive to offer advice that may not be in the best interests of the client, notwithstanding the legal requirements of the best interests' ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 3 AUG 2016
Another stimulus package for Japan Japan has announced a stimulus package containing a raft of infrastructure and welfare measures in yet another attempt to jolt the nation's economy back to life. The package, headlined at A$350 billion if you include ...