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Showing 541 - 550 of 922 results for "Incentive"

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
... collected last year. He will also be eligible for short-term bonuses worth about $2.686 million as well as long-term incentive payments. Hartzer is due to start work in the bank's top job on February 2, and will be required to give 12-month's notice ...

TAL lobbies for annuity regulation change

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Life insurer TAL has argued in favour of regulatory changes to income stream products in a detailed response to the Treasury's 'Review of retirement income stream regulation' discussion paper. TAL said that regulation "should be broadened to enable ...

ASIC to crack down on big four, AMP and Macquarie

LAURA MILLAN  |  TUESDAY, 21 OCT 2014
... gatekeeper conduct in this sector. "We remain concerned about the culture of financial services businesses, and the incentive structures they use. A financial services business should have policies, processes and procedures in place to comply with their ...

Market Wrap AM

AAP  |  THURSDAY, 18 SEP 2014
The Australian sharemarket is tipped to open higher, with modest gains on Wall Street overnight. The December share price index futures contract is up three points at 5,404. The Dow closed at a fresh record after the US Federal Reserve stuck to a plan ...

Market Wrap AM

AAP  |  WEDNESDAY, 17 SEP 2014
... weakness in the labour market. A rate increase could hurt Asian markets by making them vulnerable to a sell-off, as the incentive for investors to seek higher yields in regional markets is reduced. Tokyo fell 0.23 per cent, or 36.76 points, to 15,911.53 ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
... the independence of advice delivery, product selection and service offerings." To EY, "these include remuneration or incentive structures, APL design and execution, the way advice is priced and KPIs regarding internal product sales." The submission asked ...

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
Superannuation funds with MySuper products should be allowed to extend their default offering into retirement, and should include annuities in that offering, Challenger has told the Financial System Inquiry (FSI). In its second submission to the FSI ...

ISA targets 'sales incentives' in new ad campaign

JAMES FERNYHOUGH  |  MONDAY, 1 SEP 2014
Industry Super Australia (ISA) has pulled no punches in its latest multi-platform advertising campaign which emphasises the controversial sales culture within banks. The ads will be released today across television, print, digital and outdoor sites ...

SPAA rejects compulsory annuitisation

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
The SMSF Professionals' Association of Australia (SPAA) has spoken against the introduction of compulsory annuitisation in Australia in its submission to the Financial System Inquiry (FSI) "SPAA does not support policy incentives that encourage retirees ...

Select chair to become OneVue deputy CEO

ALICE URIBE  |  THURSDAY, 28 AUG 2014
... consideration for the Select businesses will be paid $2.7 million in cash and $4.3million in OneVue scrip. There is also an incentive component, payable in scrip, for total revenue growth above an agreed threshold in Select Investment Partners during ...