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Showing 791 - 800 of 1113 results for "Remuneration"

Life commission clawback forced on advisers: Synchron

BEN COLLINS  |  MONDAY, 12 NOV 2012
... companies, through their association with the Financial Services Council, are working together to form an anti-competitive remuneration model for financial advisers, said independent dealer group Synchron. Synchron, which has previously threatened to ...

Investment managers pocket $6.2 billion in super fees

BEN COLLINS  |  WEDNESDAY, 24 OCT 2012
... investment managers, and represents 33% of total fees. "The report shows that while we should put the spotlight on trustee remuneration and executive pay at super funds, the reality is these costs make up only a small portion of the fees Australians ...

Murdoch defies shareholder sentiment

MARK SMITH  |  FRIDAY, 19 OCT 2012
... business, albeit at a direct cost to the family, are all too easily silenced. Shareholders also voted 27.4% against the remuneration report, the second year a significant proportion has called for wage cuts amongst the highest earners. "We don't believe ...

We'll hunt down commission 'work around': FSA

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... Authority (FSA), said it is aware that some wealth firms are planning to get around the commission ban with restructured remuneration such as direct payments, but that this will not be tolerated. "Our supervisory work has alerted us to moves in the market ...

$1bn unpaid contributions returned

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... - so it is the employees' money," he said. "If people are not being paid super, they are not only missing out on remuneration they are entitled to but any potential investment earnings that money might accrue." While the ATO is the official regulator ...

ASIC releases proposed conflicted remuneration guidelines

BEN COLLINS  |  TUESDAY, 2 OCT 2012
ASIC has released proposed guidance on the conflicted remuneration ban, as part of the Future of Financial Advice (FOFA) reforms. The ban on conflicted remuneration includes commissions and volume-based payments in relation to advice about retail investment ...

Razor to board's pay follows PwC review

BEN COLLINS  |  WEDNESDAY, 26 SEP 2012
... overpaid. After the ASX-listed financial services company's 2011 annual general meeting returned a 26% 'no' vote on the remuneration package, a review was required under new corporate remuneration laws. Approximately 8.5% of shares on issue where represented ...

Cbus takes lead on trustee disclosure

BEN COLLINS  |  MONDAY, 17 SEP 2012
... enforcing higher standards of disclosure on super funds, this move recognises that in the post-GFC environment, full remuneration disclosure is increasingly regarded as 'best practice' governance," she said. Earlier this year, AIST - which represents ...

Bendigo and Adelaide bank execs loose bonus

BEN COLLINS  |  TUESDAY, 11 SEP 2012
... were also down 3.9% at $323 million, and the bank's share price fell 16.4%, as at 30 June 2012. Hirst's fixed annual remuneration was down $41 278 on last financial year, however according to the bank's 2011 annual report, last year his $300 000 short ...

Barclays announces new CEO amid new investigation

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... succeeding Marcus Agius who also quit over the Libor manipulation affair. Barclays has released details of its new chief's remuneration, presenting the total package as equating to a 25% reduction on Diamond's. The SFO investigation picks up from a Financial ...