Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 681 - 690 of 1113 results for "Remuneration"

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
... business, including Westpac retail and business banking, St. George Banking Group and BT Financial Group. As part of his remuneration package Hartzer will receive a base salary of $2.686 million, slightly less than the $3 million Kelly collected last ...

CBA chairman defends compensation program at AGM

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
... mandatory industry association membership for all advisers and managers, improved document management and changes to the remuneration structure. Regarding the Open Advice Review program, which aims to compensate victims of the bank's rogue financial ...

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
... business, including Westpac retail and business banking, St. George Banking Group and BT Financial Group. As part of his remuneration package Hartzer will receive a base salary of $2.686 million, slightly less than the $3 million Kelly collected last ...

Highest paid execs in super revealed

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... the Superannuation Industry (Supervision) (SIS) Act, it is stipulated that super funds must publicly disclose the remuneration of 'each executive officer' on its website, but it does not specify where on the website it should publish the information. ...

TAL super fund appoints independent directors

LAURA MILLAN  |  TUESDAY, 4 NOV 2014
... chair of the trustee board while Anne Templeman-Jones has been appointed independent director and will chair TASL's remuneration committee. Roslyn Ramwell has been appointed independent director and will chair TASL's audit, compliance and risk management ...

Westpac director resigns from board

MARK SMITH  |  MONDAY, 3 NOV 2014
... Westpac Board since December 2011. During her time as a director, she served on both the risk and compliance and remuneration committees. Following her relocation to the United States, it is expected that her commitments as the of Shell's Arctic operations ...

Life Insurance and Advice Working Group chair appointed

MARK SMITH  |  FRIDAY, 17 OCT 2014
... Financial Services Council (FSC). The working group will address issues such as the quality of advice, product design and remuneration structures which were raised in ASIC's Review of Retail Life Insurance and Advice report released on 9 October. Trowbridge ...

BT launches 'ground-breaking' advice register

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
... published a report that expressed concern that some risk advisers were not adequately disclosing their commission-based remuneration model. While BT was involved in the ASIC investigation which found more than a third of risk advice was non-compliant ...

Remove adviser double tax: AFA

LAURA MILLAN  |  SUNDAY, 12 OCT 2014
... "We've got people that are absolutely self-employed. But because of the way the Corporations Act is written, the remuneration from clients to advisers goes through the licensee and they get caught on the state payroll tax." Initially, the New South Wales ...

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... annual superannuation contributions. ASIC also expressed concern that advisers may not be open with clients about the remuneration model. "While the commissions are disclosed in the SOA, it may appear to the client that the payment to the adviser comes ...