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Showing 721 - 730 of 1113 results for "Remuneration"

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... only the wealthy can afford." The submission supported that proposal to exempt general advice from the conflicted remuneration provision; a measure that some fear will bring back commissions. "We do not agree with concerns raised by certain parties that ...

Stakeholders stage FoFA confrontation in Senate submissions

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
... prospective obligation to provide fee disclosure statements and the exclusion of general advice from the conflicted remuneration provision. But Monash University associate professor Paul Latimer said that "the financial planning industry should embrace ...

Big obstacles for funds going it alone on PE

ALEX DUNNIN  |  THURSDAY, 24 APR 2014
... management and governance, including the board". Other obstacles included being prepared to fund significantly large remuneration packages to attract staff and learn to trust these professionals with investment decisions.

National Seniors asks Inquiry to deliver "top quality" advice

MARK SMITH  |  TUESDAY, 8 APR 2014
... to the Future of Financial Advice A (FoFA)reforms. Specifically it asks the panel to determine whether conflicted remuneration and percentage fees should be allowed in the provision of financial advice. It also asks whether minimum educational standards ...

BTIM appoints Investa chair to board

MARK SMITH  |  MONDAY, 7 APR 2014
... KPMG Peat Marwick/Touche Ross. She will serve as a member of the board's audit and risk management committee and the remuneration and nominations committee. "We are very pleased to welcome Deborah Page to the BTIM board," said BTIM chairman James Evans. ...

ISA attacks financial 'short-termism'

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
... 'The Kay Review of UK Equity Markets and Long-term Decision Making'. It quoted the following passage on short-term remuneration models: "[A]nalysts are rewarded for the narratives they provide that generate buy or sell recommendations; investment bankers ...

Life insurers need more 'wise old heads': APRA

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
... relatively recent crises and blunders in the insurance industry are forgotten. "If the focus is on the short term, and remuneration encourages that, then the wise old heads won't be listened to," he said. Focusing on the claims crisis currently facing ...

Cormann freezes FoFA amendments

MARK SMITH, ALICE URIBE  |  MONDAY, 24 MAR 2014
... commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014, however, did address the issue of conflicted remuneration in general advice. The government has maintained its initial proposal to exempt general advice from conflicted remuneration. ...

Whistleblower claims the existence of 100 CBA rogue advisers

LAURA MILLAN  |  MONDAY, 24 MAR 2014
... matter in-house lenders and external mortgage brokers as well- did not just directly drive their own bonuses and remuneration, but also those of all the tiers of managers above them. "There were far more than seven rogue planners but more importantly ...

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014 did address the issue of conflicted remuneration in general advice. The government has maintained its initial proposal to exempt general advice from conflicted remuneration. ...