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Showing 571 - 580 of 900 results for "Compensation"

Trio liquidators deny deregistering fraud fund

ALEX BURKE  |  MONDAY, 15 JUN 2015
... to the victims," he said. He added: "Only in Australia are there victims of a massive financial fraud without any compensation. The ASF victims are not merely asking for compensation from the government due to the staggering incompetence of ASIC both ...

Almost everyone got a bonus this year, report reveals

MARK SMITH  |  THURSDAY, 11 JUN 2015
... economic conditions and 39% chose global performance. When considering moving roles 58% of respondents consider entire compensation as the most important factor to consider, whilst 22% consider just the basic salary, and only 6.7% said they had other ...

Sunsuper and AFA partner for advice

DARREN SNYDER  |  TUESDAY, 9 JUN 2015
... Superannuation Consumers' Centre. Mack also holds directorships with Food Standards Australia and New Zealand and the Travel Compensation Fund.A She previously held directorships with the Financial Ombudsman Service, and the Financial Industry Complaints ...

CBA compensation payments total $79,702 so far

LAURA MILLAN  |  FRIDAY, 29 MAY 2015
... five clients who received bad advice from the bank's financial planners, while most clients are still reviewing the compensation proposal. Independent expert for the compensation process Promontory Financial Group released its second report and confirmed ...

Lawyer slams NAB compensation scheme

LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... the appointment of NSW University Law professor Dimity Kingsford Smith as consumer advocate for clients claiming compensation. "Our initial reaction is that the program doesn't go far enough. There is no true sense of independence," Ivantsoff said, noting ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
National Australia Bank (NAB) has upgraded the compensation program for victims of bad advice with the appointment of a consumer advocate. University of NSW professor of Law Dimity Kingsford Smith will act as a consumer advocate within NAB Wealth's ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAY 2015
... JPMorgan Chase rose 0.9 per cent after 61 per cent of shareholders endorsed the company's controversial $US20 million compensation package for chief executive Jamie Dimon. Shareholder advisory groups ISS and Glass Lewis opposed the plan as poorly linked ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... trustees. "Investors need to do their homework, check who they are dealing with and remember SMSFs do not have access to compensation arrangements in the event of theft or fraud. There can also be significant tax penalties for those trustees of SMSFs ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... a "limited scheme of last resort" in instances where - due to insolvency, say - planning firms were unable to pay compensation to clients under existing PI insurance arrangements. Speaking at the inquiry, Macquarie Group chief executive Nick Moore endorsed ...

May Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2015
... spending reports - i.e. consumers are spending because the labour market is strengthening which puts upward pressure on compensation costs. But alas! Wall Streeters still didn't like it. The S&P 500 index dropped by 1.0% last night despite the "good" ...