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Showing 821 - 830 of 1113 results for "Remuneration"

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
... even been enacted. The same degrees of separation will apply to any reforms that obligate trustees to disclose their remuneration as the while funds may pay a fee to the trustee company it will not pay the directors of the trustee company. This distinction ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
... as it goes it up so should their taxation rates. "The truth is that superannuation is part of an employee's total remuneration. So an increase in super means an increase in remuneration - or wages, by another name," Minister Bill Shorten is quoted as ...

APLs a potential minefield under FOFA

ELISE BURGESS  |  THURSDAY, 12 APR 2012
While opt-in may have attracted the most heated debate, lurking issues around conflicted remuneration may pose a bigger threat with the ACCC already involved, according to one asset management firm. Instreet Investment's managing director, George Lucas ...

ASIC strikes against currency trader

MELANIE TIMBRELL  |  TUESDAY, 3 APR 2012
... clients statements of advice (SOAs), did not retain records as required, failed to give clients information about his remuneration and benefits, and at times falsified documents relating to products provided to clients. Since 2004, Hassell has been an ...

Towers Watson leverages Deloitte talent for exec pay unit

MELANIE TIMBRELL  |  MONDAY, 2 APR 2012
... Finlay and Burke recently retired from Deloitte Australia following the firm's decision to exit board and executive remuneration advice on the basis it created internal conflict with the firm's other service lines. "It is anticipated that Finlay and ...

Flaws in advice system revealed by ASIC report

ELISE BURGESS  |  WEDNESDAY, 28 MAR 2012
... to look closely at the data, which points to clear areas of improvement such as FOFA Best Interest and conflicted remuneration in particular. I'm optimistic the next shadow shop will show industry improvement under such areas," Klipin told Financial ...

Senate committee gives FOFA green light

MELANIE TIMBRELL  |  THURSDAY, 15 MAR 2012
... recommendations on changes to the bill include the preclusion of the timeshare product from the ban on conflicted remuneration, a call for Treasury to consult with corporate superannuation firms on alternate models of FOFA-aligned remuneration and ASIC's ...

Xenophon targets super funds for greater transparency

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
Remuneration together with better risk disclosure and information benchmarks will be the focus of new proposed legislation from independent Senator Nick Xenophon aimed at increased transparency in superannuation. The move was sparked by concern over ...

APRA calls for risk-consistent exec pay

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
Remuneration practices ill aligned to risk management objectives will be of primary interest to the regulator, as APRA implements its standards on executive remuneration. Remuneration policies that encouraged risky behaviour were identified as a practice ...

Disclosure requirements under industry scrutiny

ELISE BURGESS  |  MONDAY, 12 MAR 2012
... Superannuation Corporate Governance Policy last week, which will apply to all relevant FSC members. It includes that the remuneration of directors and senior management be disclosed where paid from the trust. The FSC told Financial Standard this aspect ...