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Showing 51 - 60 of 1112 results for "Remuneration"

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... face board-imposed financial penalties totalling $8.8 million, along with the loss of up to nearly $10 million in remuneration, which was said to reflect the significance of corporate governance and reputational issues his actions caused. Ellison told ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... are struggling, given weak flows," Ler said. "Asset managers need to improve performance, cut costs, better align remuneration with shareholder interests, and increase investments in distribution." The report found that structural challenges such as ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... This data will include detailed categories like administration, advice, member services, marketing, trustee board remuneration, travel and entertainment, and other overheads. It will also publish the recipients of payments made to industrial bodies ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
Perpetual shareholders' overwhelming rejection of the remuneration report yesterday comes as the fund manager stemmed outflows in the September quarter. In an opening address to the annual general meeting (AGM), outgoing Perpetual chair by Tony ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... fact that salaries for risk roles have risen substantially since the Royal Commission. For example, Chisholm said, remuneration for a risk analyst has increased close to 70%; someone with between one- and two-years' post-graduate experience commands ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... SSGA, he worked at NAB Asset Management, TCorp, and BetaSmartz. At Perpetual, he will be paid $1 million in fixed remuneration along with a short-term incentive of $500,000 at target with a maximum of $875,000 that will be prorated for FY25. Reilly officially ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... retain his current salary for the next two years and is eligible for a short-term incentive capped at 30% of total remuneration, to be taken as shares in the company. As previously reported by Financial Standard, Sequoia received a notice from a disgruntled ...

Remediation professionals told to temper expectations

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... with little depth to their technical skills in this period," it said. "Candidates often had to take a step back in remuneration to re-enter the market, and many had to step back in seniority." Meantime, the report found that super fund consolidations ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... announced it will no longer make additional grants of its performance rights (ASX: PTMAB) following a review of its remuneration structure. Consequently, chief executive and managing director Jeff Peters' employment contract will be affected. This means ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
Financial advisers' remuneration has failed to beat inflation for more than 20 years, going backwards by 20%, according to a recruiter. An analysis by Recruit 2 Advice found that since 2000, advisers' salaries increased 1.9% annually or 2.8% averaged ...