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Showing 601 - 610 of 900 results for "Compensation"

Court approves Premium Income Fund settlement

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
... confirmed the court's approval of the settlement, but did not say how much PIF unit holders will be receiving as compensation, or how many unit holders have taken part in the class action. In November, IMF revealed that it expected to generate income ...

TAL appoints claims manager

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
... product, pricing, underwriting, indirect sales, operations, claims (both personal injury and domestic lines), workers compensation, technology systems development, supply chain, injury management, legal and training. Coates said that Maini will be instrumental ...

ASFA launches blueprint for post-retirement system

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
... to all substantive income replacement payments including income replacement insurance, parental leave and workers compensation. Vamos launched the paper at the ASFA conference in Melbourne. In her speech, she said the paper did not recommend the introduction ...

CBA chairman defends compensation program at AGM

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
Commonwealth Bank (CBA) chairman David Turner defended the bank's performance and its reaction to the financial planning scandals in front of shareholders at the annual general meeting in Melbourne yesterday. "We know that saying sorry is not enough ...

First Super to vote against CBA board members

LAURA MILLAN  |  MONDAY, 10 NOV 2014
... reference to the financial planning scandals at CBA that prompted a Senate inquiry and forced the bank to set up a compensation program. "Aside from the very real damage to customers, the failure by the board has led to loss of confidence in the organisation ...

CBA appoints litigators as customer advocates

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... Commonwealth Bank (CBA) has appointed three law firms as independent customer advocates for its Open Advice Review compensation program. Maurice Blackburn, Shine Lawyers and Slater and Gordon have been appointed to support individual customers through ...

Link acquires proxy solicitation firm

MARK SMITH  |  FRIDAY, 31 OCT 2014
... important as advocacy groups and institutional investors have become increasingly active on issues such as executive compensation and director elections. David Geddes, chief executive of Link Group Corporate Markets, the division that will be responsible ...

ASIC pays commissioners $2.9m in 2014

LAURA MILLAN  |  THURSDAY, 30 OCT 2014
... administrative actions, including 17 criminal proceedings with six imprisonments secured. It secured $2.7 million in compensation or remediation for investors and financial consumers. A total of 62 individuals were disqualified or removed from directing ...

ASIC demands last resort compensation scheme

LAURA MILLAN  |  MONDAY, 20 OCT 2014
The Australian Securities and Investments Commission (ASIC) has demanded the introduction of a last resort compensation scheme that would provide compensation to victims of failed investments and bad financial advice "where all the other options have ...

CBA receives 4200 requests for advice review

JAMES FERNYHOUGH  |  MONDAY, 13 OCT 2014
... released in early 2015, and reporting will continue biannually. So far CBA has paid out approximately $52 million in compensation to around 1,100 customers.