Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 1075 results for "Remuneration"

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... for advice providers in how financial services guide requirements can be met, simplify the rules banning conflicted remuneration and introduce new consumer consent requirements for certain insurance commissions. "This schedule also amends the Superannuation ...

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... detailed categories, including administration, advice, member services, marketing, trustee board (including director remuneration), and other corporate overheads such as travel and entertainment. APRA will also publish the recipients of payments made ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... monetary and non-monetary benefits from the client. Recommendation 13.1, for example, should amend the conflicted remuneration provisions in the Corporations Act to explicitly provide that both monetary and non-monetary benefits given by a client to ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... handbags and, thus, the profits that [Hermes] earn from Birkin handbags." The case alleges sales associates' remuneration is structured so they follow the process of only offering Birkins to those customers that have bought sufficient merchandise ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... impact of menopause and perimenopause and establish policies to support female employees; and include partners' remuneration in pay gap reporting.

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... said. Megginson pointed to the latest Workplace Gender Equality Agency (WGEA) data, which shows that the median total remuneration gender pay gap stands at 19% - or $18,461 per annum tilted in favour of men. The statistics confirm that progress is being ...

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... which the court found failed to take reasonable steps to prevent its authorised representative accepting conflicted remuneration. On the February 29, the Federal Court found that RM Capital's authorised representative the SMSF Club breached conflicted ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... our business" and review its products and distribution channels both here and overseas. Platinum highlighted its remuneration structure will be simplified and aligned "with clients and shareholders and ensure clear accountability." The review comes in ...

TelstraSuper sweetens parental leave policy

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... to the WGEA, TelstraSuper has a median base salary gender pay gap of 11.7% and a gap of 12% when it comes to total remuneration. Its workforce was 51% female in the relevant period, being FY22/23. About 36% of its upper pay quartile comprises women ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... services industry's median base salary gender pay gap sits at 23.6% while the median gender pay gap for total remuneration is 26.1%. The upper pay quartile for the industry is 35% female, while the lower quartile is 64% female. The WGEA uses the ...