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Showing 71 - 80 of 492 results for "Bonus"

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
A baby bonus paid into the superannuation accounts of women who go on parental leave combined with paying super during their time off could address the significant gap between the retirement savings of men and women. According to numbers from the Association ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

Positive hiring outlook for 2022: Research

CHLOE WALKER  |  WEDNESDAY, 19 JAN 2022
Australian business leaders are overwhelmingly confident about their growth prospects in the coming year, according to new research from Robert Half. The latest independent C-suite research indicates that almost three-out-of-four (71%) Australian business ...

Shareholders reject Westpac remuneration report

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Disgruntled Westpac shareholders rejected the remuneration report at the bank's annual general meeting yesterday. Twenty-nine percent of shareholders voted down adopting the remuneration report, marking the first strike. Should 25% or more shareholders ...

Pensioners could solve skills shortage

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... the federal government to look at the semi-retired population to fill the nation's skills shortage gap. Under the Work Bonus, a pensioner can earn an average of $480 per fortnight or $12,840 per year before their payments are reduced, at an effective ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... Mackay and Douglass would go on to become colleagues at Schroders. Cairns was paid a $1.54 million base salary and a $772,500 bonus for his role as chief executive of the fund manager in FY2021. According to Magellan's most recent annual report ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... ASIC alleges that from 1999 to November 2020, MLC failed to pay a life insurance benefit known as a 'rehabilitation bonus benefit' to 297 eligible customers. It also failed to update its definition for severe rheumatoid arthritis in a timely ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... and committees should occur independently of investment decision-makers. There is a potential conflict where performance, bonus and/or remuneration of investment staff is dependent on the performance of a portfolio or components of a portfolio," APRA ...

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... its final standard for remuneration across superannuation, banking and insurance which could see individuals lose their bonus in the event of poor risk conduct. Cross-industry Prudential Standard CPS 511 Remuneration (CPS 511) has been released in an ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... directors of the fund received bonuses tied to the performance of the group, as well as KPIs. One director received $20,000 as a bonus. Earlier in the session, big super funds like Aware Super rewarded its chief investment officer with $250,000 bonus ...