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Showing 611 - 620 of 1112 results for "Remuneration"

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
The Government has released an exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill. The amended regulation allows temporary inclusion of stamp duty in commissions for death benefits while the ...

Retention key driver behind planner salary increases

KERRIE SYDEE  |  WEDNESDAY, 6 APR 2016
The Dawson Partnership 2016 Financial Planning Remuneration Trends Survey revealed 31% of the 25% of employers increasing remuneration were doing so as part of a retention strategy to retain valued employees. Other key findings from the survey revealed ...

New Macquarie chair steps up

ALEX BURKE  |  FRIDAY, 1 APR 2016
... appointment was announced in September, was previously a non-executive director and also chair of Macquarie's Board Remuneration Committee, a position he will retain until May 7. He also holds board positions at NSW Treasury Corporation, the Australian ...

AFA calls out ISA on claims blame

ALEX BURKE  |  FRIDAY, 11 MAR 2016
... of Financial Advisers chief executive Brad Fox has dismissed Industry Super Australia's calls to connect adviser remuneration with insurance claim decisions. Arguing that linking the two is "like blaming a petrol station for a driver who chooses to speed," ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
... independent. This has remained steady for two years. The average board size was seven directors and average director remuneration was $40,884 per annum. Superannuation industry consultant Willis Towers Watson supports implementing the governance code ...

Future Generation LIC appoints CEO

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... regarded for her experience in the not-for-profit, government and private sectors. In her new role Walsh will receive remuneration of $100,000 per annum with no long term incentive plan. She will be employed by Wilson Asset Management to work on the ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
... Minister for Financial Services and Superannuation, Jim Chalmers. Discussing the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 in the House of Representatives on March 3, Chalmers said that while the legislation "picks up ...

ASIC cracks down on "independent" AFSLs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... issuers in relation to the provision of financial services and advice." Citywide, meanwhile, can receive commission remuneration as an authorised representative of Suncorp. "The independence of financial system gatekeepers such as financial advisers ...

Women on boards tracking well: AMP Capital

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
... was excluded from voting on 1% of resolutions due to conflicts of interest. In the full year 2015, the number of remuneration reports AMP Capital supported continued to rise; this year 84% of reports were supported, up significantly from the 2008 low ...

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
... to foster a culture of compliance. "ACE Insurance is a clear case of how poor culture and conflicts of interest in remuneration have led to poor conduct, resulting in a financial cost to both consumers and the organisation alike. ASIC's priority in this ...