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Showing 621 - 630 of 1113 results for "Remuneration"

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 ...

LIF expected before parliament this week

ALEX BURKE  |  THURSDAY, 11 FEB 2016
... the deadline for submissions on January 4, 2016. Under the proposed framework, ASIC will have purview over specific remuneration arrangements for life insurance products and any benefits paid will have a two-year "clawback" by life insurers. The legislation ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
... is why the Government has included in the bill the possibility of winding back "existing exemptions to conflicted remuneration to address any future unintended consequences in relation to the conflicted remuneration provisions." Regulatory certainty ...

Parliament repeals key FoFA amendments

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
... provision, changes to allow the payment of mixed benefits; and the general advice exemption relating to conflicted remuneration. "The agreed refinements are aimed at improving the operation of FOFA and alleviating a number of unintended consequences ...

Paying super on parental leave could help gender gap: Mercer

DARREN SNYDER  |  THURSDAY, 5 NOV 2015
... achieving the same performance ratings as women, organisations need to change their approach to encompass all aspects of remuneration." Mercer's report draws on extensive remuneration data and research from the firms' talent, rewards and retirement b ...

PROFILE: REI Super chief executive Mal Smith

DARREN SNYDER, LAURA MILLAN  |  WEDNESDAY, 4 NOV 2015
... property managers and two thirds of our members are females. We need to keep in mind who is our audience." In terms of remuneration structure, the fund has also taken into account that "real estate workers are often on a basic retainer level and most ...

Standing up for risk advisers

ALEX GAMBOTTO-BURKE  |  MONDAY, 26 OCT 2015
... the best-interest duty," he added. To illustrate both the value of insurance advice and the need for appropriate remuneration, Fox recounted how his niece had recently had a child, and wanted to do the "adult thing" and take out life insurance. "They're ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
... tools in relation to the financial services and credit licensing regimes. It has also called upon ASIC to review remuneration arrangements in the mortgage broking industry. Recommendations from the government's on-going capability review of ASIC, announced ...

Board gender diversity further scrutinised by ACSI

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
... are ignored, or when the board is unable to articulate a strategy to address the issue in the near term. Executive remuneration is also a key feature in the new guidelines, reaffirming ACSI support for company boards with remuneration structures aligned ...

FPA helps advisers with life insurance

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
... should be applied by all FPA members. "The recent discussions on the life insurance reforms have largely focused on remuneration, with little emphasis on the consumer and the quality of the actual life insurance advice provided to them," Rantall said. ...