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Showing 541 - 550 of 900 results for "Compensation"

ASIC consults on robo regulation

ALEX BURKE  |  MONDAY, 21 MAR 2016
... Cybersecruity Framework or the Australian Signals Directorate. Finally, ASIC said robo providers would need to have specific compensation arrangements in place which would address "the potential for widespread loss if an algorithm is flawed" and the ...

ANZ appoints PwC for OnePath compliance review

ALEX BURKE  |  TUESDAY, 15 MAR 2016
... insurance, superannuation and funds management activities within OnePath, which resulted in roughly $4.5 million in compensation and "other remediation" of around $49 million. Breaches included having member contributions allocated to incorrect super ...

Small not feeling beautiful

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2016
... sharp drop in the headline index last month. While the report showed that a net 27% of small businesses increased compensation in January (up from 22% in December), plans for further pay rises dropped to a net 15% last month from 21%. This is hardly ...

CBA says most customers received appropriate advice

ALEX BURKE  |  TUESDAY, 2 FEB 2016
... Financial Group, is based on the nearly 2,000 assessments completed by 31 December 2015; of that number, 171 offers of compensation (amounting to $2.9 million) were made. Since the review's inception the program has received 23,221 expressions of interest ...

FSC calls for 22% company tax

MARK SMITH  |  MONDAY, 18 JAN 2016
... expenditure. Ending bracket creep will drive better fiscal accountability. Indexing the tax thresholds also prevents compensation given to households through tax cuts from being whittled away by bracket creep." The FSC said another benefit of a lower ...

More CBA-aligned advisers under scrutiny

DARREN SNYDER  |  THURSDAY, 17 DEC 2015
... Commonwealth Financial Planning (CFPL) and Financial Wisdom (FWL) are to be reviewed for potential inclusion in a compensation program. This is the key finding in KordaMentha Forensic's second report on past activities by the two Commonwealth Bank (CBA) ...

CBA refunds $80m for failing to apply discounts

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Commonwealth Bank (CBA) will refund about $80 million to around 216,000 Wealth Package customers as a compensation for failing to apply fee waivers, interest concessions and other benefits since 2008. The Wealth Package offered benefits such as interest ...

ANZ pays $13m to saver customers

ALEX BURKE  |  THURSDAY, 12 NOV 2015
ANZ will pay roughly $13 million to 200,000 customers using Progress Saver Accounts (PSAs). The compensation is being paid due to ANZ failing to apply bonus interest to these accounts. PSA customers who satisfy withdrawal and deposit requirements each ...

ASIC grilled on whistleblower compensation

LAURA MILLAN  |  MONDAY, 9 NOV 2015
Financial compensation for corporate whistleblowers is back on the agenda after the Senate Economics Committee grilled representatives from the Australian Securities and Investments Commission (ASIC). At the latest Senate Economics Committee hearing ...

Family offices well ahead on gender equality

LAURA MILLAN  |  SUNDAY, 8 NOV 2015
... times more likely to be led by female chief executives than the companies of the S&P500. The 2015 FOX Family Office Compensation and Benefits Report by Family Office Exchange (FOX) shows that 35% of the 112 family offices participating in the global ...