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Showing 501 - 510 of 900 results for "Compensation"

Aussie firms join gender index

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
... and best-in-class social policies and practices, providing Bloomberg with data across areas such as gender-equal compensation, supplier diversity initiatives and retention rates of female clients. "We are encouraged by the significant expansion of this ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
... provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review program, with the key complaint being that a customer, Raymond Kataryna, was given personal ...

Regulator finalises ANZ compliance review

ALEX BURKE  |  FRIDAY, 23 DEC 2016
... 2013 to 2015, roughly 1.3 million OnePath customers were affected by compliance breaches requiring total refunds and compensation of around $4.5 million. At the time, ASIC deputy chair Peter Kell said: "Appropriate compliance and systems to monitor compliance ...

CSC contributes to global ESG think tank

DARREN SNYDER  |  FRIDAY, 23 DEC 2016
The Commonwealth Superannuation Corporation recently formed part of a powerful asset owner think tank in Japan, discussing best practice in ESG investment and portfolio management. The Global Asset Owners' Forum, organised by the Japanese Government ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... being developed for group insurance in superannuation," Fahy said. "Further, while the review supports a last resort compensation scheme, it is worth acknowledging the APRA-regulated superannuation sector is subject to prudential supervision and already ...

ASIC probe reveals 185 more CBA compo cases

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
... report on the varied licence conditions imposed on Commonwealth Financial Planning and Financial Wisdom has revealed compensation has been offered to a further 185 cases. The report was required under the additional conditions imposed by ASIC on the ...

BMW caught on car loan failures

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2016
... remediation program, including an enforceable undertaking accepted by ASIC. BMW Finance will provide $77 million in compensation to customers affected by its responsible lending failures when providing car loans for a range of vehicles and car brands ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
... adequacy of legal advice and representation for victims of misconduct The availability and adequacy of redress and compensation for victims In addition the inquiry will also include the impact on small businesses and the social impacts of consumer protection ...

ASIC secures $210m in compensation

ALEX BURKE  |  THURSDAY, 3 NOV 2016
ASIC secured $210.5 million in compensation over FY16, according to its annual report. ASIC noted the figure - substantially higher than the $35.2 million over FY15 - was largely driven by "six matters," which comprised 79% of total dollar compensation. ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... month and missing expectations for a 0.4% rise. A 0.3% pick-up in wages and salaries raised the monthly growth in compensation of employees up to 0.3% from 0.1% in August. However, growth in personal income receipts from assets slowed to 0.2% in September ...