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

Search Results

Showing 491 - 500 of 1124 results for "Remuneration"

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
... boosting assets over the accumulation phase. What complicates this even more is the financial advice process and the remuneration tied to it, he added. Cooper said the industry does a good job in guiding members during accumulation phase - but there ...

Super fund names new board director

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... our super fund and the retirement savings of our members," Miller said. McLean will also sit on LGS' governance, remuneration and nomination committee as well as its member services committee and risk committee. Last month LGS announced the addition ...

BT Financial Advice cuts grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... time to implement the change across its various IT systems, platforms and products. A prospective ban on conflicted remuneration was outlined in the FoFA reforms in 2013 but an allowance was made for the continuation of payments agreed to prior to 1 ...

Adviser performance data vital to remuneration

JAMIE WILLIAMSON  |  TUESDAY, 19 JUN 2018
... performance data in financial advice practices can play a key role in motivating team members and the creation of remuneration packages, latest research shows. The inaugural Adviser Remuneration Report from Elixir Consulting shows 90% of advice practices ...

The future of advice fee structures

JAMIE WILLIAMSON  |  MONDAY, 18 JUN 2018
... that the designations of financial planner and/or financial adviser should be restricted to those that receive no remuneration for product advice...In general, we believe a more inclusive response to reform is preferred." Romic said the separation of ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... changes are applied on a prospective basis, but not retrospectively. This is the case with grandfathered conflicted remuneration and the opt-in obligation, the AFA said, adding it might be a "dangerous complication" to imply the new requirements reflect ...

Cromwell appoints new director

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... non-executive directorship at Japara Healthcare, a listed residential aged care business, where he chairs the nomination and remuneration committee. On May 31, Cromwell officially welcomed Singapore-based ARA Asset Management (ARA) as a security holder ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
... targeted on gender diversity appointed their first woman director, Silk said. "All 12 priority companies we targeted on remuneration improved their practices in line with shareholder expectations," he said. But not surprisingly, public trust in Australian ...

Three AMP directors step down

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... perspectives installed," ACSI chief executive Louise Davidson said. "There is a link between what has gone wrong at AMP and remuneration practices. Companies need to make sure staff incentives are consistent with ethical corporate behaviour, which has ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... kept a "leaderboard" that ranked advisers on the revenue they brought in. It changed its revenue-centric adviser remuneration on April 12 - less than two weeks before the RC's questioning of ANZ chief risk officer and head of digital and wealth Australia ...