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

Search Results

Showing 561 - 570 of 935 results for "Incentive"

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 ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
The liquidity requirements of Australian superannuation funds will discourage them from investing in Australian infrastructure, meaning more assets will be bought by foreign investors, IFM Investors has warned. In its submission to the Financial System ...

FoFA legislative changes pass in the House of Reps

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
The House of Representatives has voted in favour of the government's amendments to the Future of Financial Advice (FoFA) legislation. The members of Parliament voted following a long debate where the Coalition outlined its position in favour of the ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... small gains in product cross sell since 2010, overall they have not performed well. Reasons for this include lack of incentive for customers to consolidate, competition from specialist providers such as for superannuation and insurance, lack of product ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
Commonwealth Bank (CBA) chief executive Ian Narev dismissed concerns expressed by the Financial System Inquiry (FSI) interim report that Australia's big institutions control both the manufacturing and distribution of financial products. "We need to ...

Suncorp CEO rewarded for profit growth

AAP  |  THURSDAY, 14 AUG 2014
Insurance and banking group Suncorp's growing profits have resulted in boss Patrick Snowball being rewarded with one of Australia's largest executive pay cheques. The 64-year-old Englishman took home remuneration worth $9.12 million in the 2013/14 financial ...

Integrate next-gen insurance policies into NDIS

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
... redesign policy structures and there would need to be a preparedness by government to explore ideas for community rated incentive structures. Sally Phillips, head of underwriting, claims and insurance proposition at Macquarie Life, said, "we should be ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
There is no evidence to suggest Australians abuse their right to withdraw superannuation as a lump sum, Shadow Treasurer Chris Bowen has said. Addressing delegates at the Financial Services Council conference, the former treasurer said forcing consumers ...