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Showing 551 - 560 of 935 results for "Compensation"

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
... initiatives in a bid to ensure the best service for customers, "there will undoubtedly be more announcements regarding compensation due to customers, which will include some significant monetary amounts given the scale of our business and the length ...

NAB pays $6.5m to resolve advice complaints

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
... revealed it has paid a total of $6.5 million to 251 customers since February 2015 after settling their claims for compensation. In an update on its financial advice response initiative, NAB said the uplift in payments to customers reflects a significant ...

Willis Towers Watson appoints national workplace risk manager

MARK SMITH  |  THURSDAY, 22 SEP 2016
... he was founder and managing director. Prior to that he was head of practice at Aon, providing strategic workers' compensation and work health and safety solutions. "Darren has an exceptional reputation in the Australasian market. His knowledge and experience ...

Fund managers must offer genuine partnerships

MARK SMITH  |  WEDNESDAY, 14 SEP 2016
... alignment with client interests persists. "As an employee-owned firm, a meaningful portion of employees' incentive compensation as well as the majority of my own wealth will be invested alongside client funds. Personal securities trading by our employees ...

CBA offers $9.4m in compensation

ALEX BURKE  |  MONDAY, 5 SEP 2016
CBA has provided an update on its Open Advice Review, saying it has offered $9.4 million in compensation to customers. The bank contacted 350,000 at the review's outset, 8,600 of whom requested a review. So far, 5,300 of those requested assessments ...

Treasurer flags super cap exemptions

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
... policy. "We said before the election that one of those [life] events was a settlement that might have come from a compensation claim or something of that nature. Other issues, in relation to family court matters [divorces] and things like that, the details ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
... Productivity declined at an annualised rate of 0.5% in the second quarter as output grew less than hours worked or compensation. The second quarter result is much less than market expectations for a 0.5% increase and marked the third straight quarter ...

Terms of reference released for complaints system review

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
... The review also has the ability to make observations, but not recommendations, on the establishment of a statutory compensation scheme of last resort. The FOS has welcomed the release of formal terms of reference and has endorsed the work of the independent ...

ASIC compensation plummets despite surveillance success

ALEX BURKE  |  MONDAY, 8 AUG 2016
The amount of consumer compensation ASIC secured decreased by 91% in the six months to June 30, 2016, despite increased surveillance outcomes almost across the board. ASIC's latest enforcement report shows that the regulator secured $13.4 million in ...

Police TPD claims in focus

DARREN SNYDER  |  TUESDAY, 2 AUG 2016
... actions and feelings in daily life. One former NSW Police officer said he left the force in 2011, and later submitted a compensation claim for his illness under his employer's superannuation scheme with insurance managed by MetLife. The claim continued ...