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

Search Results

Showing 61 - 70 of 1112 results for "Remuneration"

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... made over a three-year period. Meanwhile, PFG entered into a binding agreement to acquire Equity Plan Management, a remuneration and employee share plan business, for a total consideration of up to $5.7 million. EPM has four staff members and administers ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... third proposal wants to ensure that monetary and non-monetary benefits given by a retail client are not conflicted remuneration. "The new definition of conflicted remuneration clarifies the law to achieve the intended outcome of the conflicted remuneration ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The chief executive of semiconductor manufacturer Broadcom pocketed US$161.8 million in total remuneration in 2023 to be the only boss among S&P500 companies to receive a nine-figure salary, a new pay study shows. Broadcom's Hock E. Tan is the only ...

The unintended consequences of the four-day work week

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... productivity impacts." The arrangements could potentially be inflationary in that workers are paid 100% of their remuneration for doing 80% of the work and productivity reduces from 100% to 80%. Conversely, even if this doesn't occur, Collins argued ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... business. It also involves reviewing existing product offerings and distribution channels, the investment platform, and remuneration framework. The second or "Growth Phase" involves implementing recommendations to further enhance its investment platform ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... lawyers, bankers, and pilots," Griselda said. Under the Workplace Relations Act 1996, employers must provide equal remuneration to men and women who perform work of equal value. The Workplace Gender Equality Agency (WGEA) calculates the gender pay gap ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
AMP's top brass continues to see their remuneration packages shrink as it becomes a "leaner" business, its recent annual general meeting (AGM) heard. AMP outgoing chair Debra Hazelton told the AGM last week that director fees from 2019 have reduced ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... for advice providers in how financial services guide requirements can be met, simplify the rules banning conflicted remuneration and introduce new consumer consent requirements for certain insurance commissions. "This schedule also amends the Superannuation ...

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... detailed categories, including administration, advice, member services, marketing, trustee board (including director remuneration), and other corporate overheads such as travel and entertainment. APRA will also publish the recipients of payments made ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... monetary and non-monetary benefits from the client. Recommendation 13.1, for example, should amend the conflicted remuneration provisions in the Corporations Act to explicitly provide that both monetary and non-monetary benefits given by a client to ...