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Showing 541 - 550 of 937 results for "Compensation"

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 ...

YBR hits back at Bouris expose

ALEX BURKE  |  FRIDAY, 28 OCT 2016
... from 87-99% of all proxies, which the board views as a substantial endorsement by YBR shareholders." In regards to compensation arrangements for Mark and Adrian Bouris, YBR said the $14 million figure cited in the report was incorrect. In Mark's case ...

CBA responds to systemic advice failures

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
The Commonwealth Bank of Australia will repay more than 65% of the $154 million in required compensation estimated by ASIC. In response to ASIC's report 'Financial advice: Fees for no service', CBA has confirmed it will be refunding $105 million in ...

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... part of her sentence, Judge Dick of the Brisbane District Court ordered Whelan pay the organisation $33,419.11 in compensation. ASIC deputy chair Peter Kell said: "Dishonesty by any financial advisor will not be tolerated by ASIC. We will take steps ...