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Showing 481 - 490 of 935 results for "Compensation"

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... retirement." Further, 55% of all unpaid determinations involve financial advisers, adding to a $14 million bill of compensation yet to be paid as at 31 December 2017. "Since 1 January 2010, outstanding failures to pay FOS determinations have resulted ...

ASIC to target non-compliant advisers and AFSLs

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... total of 63 investigations, 61 of which were completed. These actions resulted in a total of $94.4 million paid in compensation and remediation to investors and consumers; $21.7 million in civil penalties; $1.7 million in infringement notices; and $40.5 ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... early release of superannuation on severe financial hardship and compassionate grounds, as well as victims of crime compensation. Early this year the Department of Human Services revealed that more than $290 million was released under compassionate grounds ...

Vertically aligned institutions pay $21.4m compensation

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
... received non-compliant financial advice will be compensated a further $21.4 million. This adds to the $30 million compensation bill ASIC announced in March 2017 after it investigated how large institutions oversee advisers and address customer loss or ...

IOOF partners with GROW Super

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
... will operate in practice." Currently, victims of violent crime generally have access to government-funded assistance compensation schemes. The law can also order a perpetrator, if found guilty of committing the crime, to make a payment to the victim. ...

Wells Fargo opens up on pay gaps

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
... bank saying it is looking for opportunities to include its global workforce in future studies. Wells Fargo head of compensation Mike Branca said: "Releasing the results of our most recent study highlights Wells Fargo's on-going commitment to equitable ...

Cultural bias heavily discounts female artwork

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
... artists. "Our results reveal the struggle and cultural bias facing female artists in getting recognition and true compensation for their work," he said. The researchers found the price gap for female artists was greater in countries that experience years ...

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... CBA said it confirms the licensees correctly identified that customers of the five advisers should be included in a compensation program. The current round of compensation is in addition to $4.97 million offered to customers from other advisers reported ...

Royal Commission begins in February

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
... Commission reminded the public that it simply exists to conduct an inquiry and cannot resolve disputes, fix or award compensation, nor make orders requiring parties involved in a dispute to take, or not take, any particular action. The venue for the ...

SuperFriend launches employer engagement framework

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... providing wellbeing and support for all employees regardless of the cause of injury or illness and not limited to workers compensation claims, the report said. It noted the majority of employer engagement traditionally occurred at the on-claim stage ...