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Showing 71 - 80 of 935 results for "Incentive"

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ...

Green technology, clean energy receive Budget boost

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Aligned with the Future Made in Australia agenda, the government is continuing to invest billions into green technologies and the energy transition. The federal government has also allocated funding for innovative technology and clean energy manufacturing ...

Chalmers' warning on tariffs and trade wars

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers said the global economy is "volatile and unpredictable" when unveiling the Federal Budget tonight - highlighting the threat of a global trade war. "The 2020s have already seen a global pandemic, global inflation and the threat ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... aged care, and the Age Pension, including the Home Equity Access Scheme. She noted that funds have little commercial incentive to offer advice in these areas, as they don't affect the assets held within the fund. The draft legislation also allows ...

AMP staff surveillance slammed by FSU

ELIZA BAVIN  |  FRIDAY, 21 MAR 2025
... to sign these new contracts with a $1000 share plan grant, and if they do not sign, will not be eligible for employee incentive programs, the union said. FSU national assistant secretary Nicole McPherson said the union was shocked when it saw AMP's ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
Assistant Treasurer and Minister for Financial Services Stephen Jones told Financial Standard that the government's work on reforming the superannuation sector is not done. Speaking on the Financial Standard podcast, Jones praised the positive aspects ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Platinum Asset Management has unleashed a major reshuffle of its leadership team as it continues to focus on turnaround plans. In February 2024, Platinum announced a comprehensive turnaround program under the leadership of chief executive Jeff Peters. ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... understand that this is a claim for their member." O'Neill's theory - right or wrong - is that funds have no financial incentive to staff appropriately to help people with these claims, because they don't profit from doing so. Furthermore, O'Neill said ...

Top asset management trends for 2025

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
Despite a turbulent 2024, the prospect of more accommodating monetary and regulatory policies has turbocharged an up and to the right trend that's flattered many asset managers' businesses. However, themes that will shape the industry now, and in the ...