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Showing 601 - 610 of 1113 results for "Remuneration"

Banks will always take more risk: APRA exec

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
... perceive their institution's risk structures are effective. However "a significant number of staff perceive that remuneration systems encourage a short-term focus and even unacceptable behaviour." "We also demonstrate that risk culture differences observed ...

JBWere to reduce adviser commissions

KERRIE SYDEE  |  THURSDAY, 23 JUN 2016
JBWere will be making a number of changes to its remuneration framework following a six month review of its remuneration structure. In a statement, JBWere said the remuneration changes were to ensure JBWere has the "right framework in place to support ...

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
... Bill last month. The reform to compel retirement advisers to act in the clients' best interests and limit conflicted remuneration payments has been championed by the Obama White House since the GFC but has proved controversial stirring up heated resistance ...

BOQ director announces resignation

ALEX BURKE  |  FRIDAY, 27 MAY 2016
... with important insight across a wide range of issues. "Neil has been a valuable member of the human resources and remuneration committee as well as the information technology committee. As the Virgin Group's nominee he has also provided valuable input ...

ANZ won't make LIF transition until bill is restored

ALEX BURKE  |  FRIDAY, 6 MAY 2016
ANZ advisers won't transfer to Life Insurance Framework remuneration arrangements until the relevant legislation is restored, according to ANZ Wealth managing director Alexis George. Speaking at a media event in Sydney, George referenced the Corporations ...

ASIC bans ex-NAB planner from the industry

ALEX BURKE  |  WEDNESDAY, 27 APR 2016
... rewarded for recommending the right products and services for the customer. We intend to strengthen the alignment of remuneration and incentives to customer outcomes." Commenting on the ban, ASIC deputy chair Peter Kell said: "ASIC will continue to protect ...

Asteron Life upgrades adviser facility

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
Pending remuneration changes in the life insurance industry has led to Asteron Life launching its upgraded adviser service fee facility. The enhanced facility enables an automated collection and payment service for advice fees charged to clients, which ...

Banks launch major consumer protection program today

ALEX BURKE  |  THURSDAY, 21 APR 2016
... industry. The Code of Banking Practice will also be reviewed. "This package aims to address consumer concerns about remuneration, the protection of whistleblowers, the handling of customer complaints and dealing with poor conduct," ABA chief executive ...

Govt change could spell more severe LIF bill: FPA

KERRIE SYDEE  |  THURSDAY, 21 APR 2016
A change in government could impact the severity of the recently lapsed Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, according to Financial Planning Association of Australia (FPA) chief executive officer Dante De Gori. ...

All super funds should have independent chair: research

DARREN SNYDER  |  THURSDAY, 21 APR 2016
... the potential for the proposed reforms to change current practices with fund executives raising issues related to remuneration, nomination, board appraisal and board tenure. Recommendations for superannuation fund governance: That superannuation fund ...