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Showing 451 - 460 of 935 results for "Compensation"

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... - 'this is the wrong way to think about the situation,'" Hodge asked. Carter said he did not. The MLC/NAB compensation figure now stands at $87.1 million according to NULIS in a statement handed down to the commission last week. Yesterday the ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... that fell below community expectations. In a statement handed down to the Commission just last week, NULIS said the compensation figure has reached $87.1 million. In other matters, Hodge flagged the investment performance of MySuper funds and any deviation ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
AMP is reducing fees on its flagship MySuper products and expediting $290 million in compensation to customers that received bad financial advice. Reflecting plans for the simplification of its superannuation product offering, AMP said it will implement ...

MetLife names chief operating officer

KARREN VERGARA  |  WEDNESDAY, 18 JUL 2018
... strategy, project management office, customer, digital, marketing and data functions. He was most recently the workers compensation group executive at claims and injury management business EML. Prior to that, McDermott held senior leadership roles at ...

AMP claims director exits

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... held senior roles at IAG, the most recent being executive general manager of claims. She was also head of workers compensation for fee states, and before that the Victorian state manager of workers compensation. Mitchell left IAG in April 2016 to pursue ...

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 ...