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Showing 451 - 460 of 1112 results for "Remuneration"

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... said. Though, there are elements that require greater education and discussion, particularly the issue of adviser remuneration. Anderson said there is no question that there is misconduct occurring. However, a blanket solution for fee structures is not ...

APRA will rethink how it assesses risk: Byres

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
... approach. He said regulatory initiatives in the pipeline will drive change. These include accountability statements, remuneration restrictions, strengthened governance requirements, greater attention to organisational culture, and more forceful enforcement ...

CBA releases remediation scorecard

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
... executive and the group executives with respect to risk. The bank is now making formal assessments to assist the Board Remuneration Committee make appropriate risk adjustments, the review found. Promontory said while the milestone has been achieved ...

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
... Morgan analysts, led by Russell Gill, don't believe the "management merry-go-round" to be a considerable change. "Remuneration structures remain the same and in our view the changes are not meaningful for the future direction of the business or performance ...

RC interim report is fair: Spot poll

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... appears to have ignored submissions on the issues raised throughout the Commission and focuses largely on adviser remuneration - an issue the association said does not require review. The Australian Banking Association chief executive Anna Bligh said ...

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... million loss after making a profit of $700,000 in FY17. The loss was driven by operating expenses mainly from employee remuneration ($6.8m), acquisition costs ($1.26m) and an asset write off ($1.93m) relating to discontinued software.

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... previous submissions made by the body. The report's discussion of advice focuses its attention largely on adviser remuneration - an issue the association said does not require review. Reaffirming its defence of grandfathered commissions, the AFA ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... sector's many excesses. "We know how that greed was allowed to spiral out of control. It was because of conflicted remuneration, a sales culture that put profits before people and senior bankers and executives of financial corporations who were content ...

Frydenberg slams financial sector greed

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... that too often, financial institutions have focused on selling products and the culture of greed was embedded in remuneration practices and policies, coupled with deficiencies in governance and risk management. He went on to criticise the regulators ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...