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

Search Results

Showing 521 - 530 of 1112 results for "Remuneration"

Gender pay gap widespread in financial services: Report

KARREN VERGARA  |  MONDAY, 20 NOV 2017
... Agency shows. Financial services and insurance employers reported the largest gap of 31.9% between male versus female remuneration over the 2016-17 period. The good news is this gap has narrowed year-on-year since 2013-14. There are 151,114 women employed ...

Advisers ambivalent on LIF deadline: Poll

KARREN VERGARA  |  MONDAY, 20 NOV 2017
... order. Interestingly, about 28% of advisers either felt greatly unprepared or simply aren't ready for life insurance remuneration changes that will impact their business. The sentiment reinforces Zurich's September study revealing about 65% of advisers ...

CBA avoids board spill

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
CBA avoided a board spill after the majority of shareholders voted in favour of the remuneration report that was overhauled hot on the heels of AUSTRAC alleging the bank breached anti-money laundering laws. About 92% of shareholders approved the remuneration ...

ANZ launches LIF resource

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
... information to prepare for the new environment." Many risk advisers however are still not prepared for the changes to remuneration, a study by Zurich found. About 65% remain unsure of the types of life insurance remuneration being capped and 69% don't ...

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
... the chief executive and, as a board member, "your reputation is being rented." He added boards should strive for remuneration that incentivises what a good financial services company looks like. ASIC has detailed this in its corporate plan.

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... audits conducted were not adequately addressed nor recommended changes implemented. Further, NSG's "commission only" remuneration model meant that advisers would be paid by way of commission for sales of personal risk insurance products and superannuation ...

Forgery sees former NAB adviser sentenced

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
... believed he forged client signatures on each form without client's knowledge or authorisation to receive additional remuneration from NAB. In February 2016 Thompson was banned from providing financial services for seven years by the corporate regulator ...

CBA chair defends executive bonuses

KARREN VERGARA  |  MONDAY, 23 OCT 2017
... about AUSTRAC launching the proceedings and not the underlying facts behind the allegations. "We took the action on remuneration because of the reputational consequences of the fact that the proceedings were lodged, which again, I'll repeat, we didn't ...

BEAR closer to legislation

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... disqualify executives, dish out substantial fines to banks when they fail to crack down on bad practices, and claw back remuneration from individuals. "Banks will also be required to register individuals with APRA before appointing them as senior executives ...

Fee models an art, not a science

DARREN SNYDER  |  THURSDAY, 12 OCT 2017
... service. Last month Zurich research showed the majority of risk advisers are still not prepared for impending changes to remuneration to be brought by the Life Insurance Framework taking effect in January 2018.