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Showing 71 - 80 of 922 results for "Incentive"

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
The fine relates to several failures by J.P. Morgan Securities and J.P. Morgan Investment Management, including recommending more expensive mutual funds when almost identical ETFs were available much cheaper. J.P. Morgan Securities (JPMS) and J.P. Morgan ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
Perpetual shareholders' overwhelming rejection of the remuneration report yesterday comes as the fund manager stemmed outflows in the September quarter. In an opening address to the annual general meeting (AGM), outgoing Perpetual chair by Tony ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... obligations given the illiquid nature of these assets. "For example, many small business owners and farmers could lose the incentive to transfer real business properties into SMSFs, making such strategies financially unviable. They may also find themselves ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... insufficient to zero savings when they retired, according to the Pension Funds Amendment Bill. Further, it "can create the incentive for fund members to terminate employment as a means of gaining access to those funds," it said. Hence, the primary objective ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... Management, TCorp, and BetaSmartz. At Perpetual, he will be paid $1 million in fixed remuneration along with a short-term incentive of $500,000 at target with a maximum of $875,000 that will be prorated for FY25. Reilly officially takes the post on September ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value. The devaluations led to a whopping $1.6 billion statutory net loss after tax for the 2024 financial year, following ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... an analyst at Macfarlanes, a London law firm, where he advised on valuations and financial modelling for management incentive plans, carried interest, and commercial negotiations in the UK mid-market private equity industry. Finally, Hayden Wall has ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... anticipated," he said. "The large increase in the average outstanding mortgage rate due to RBA interest rate hikes increases the incentive for households to preserve buffers built up in offset and redraw facilities." Aird said the increase in money going ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
... be nominated as beneficiaries of superannuation savings, and introducing 'living bequests' through which a small tax incentive is given for a larger binding request in future. If the rate and value of charitable bequests rose to just 3%, this would see ...