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Showing 981 - 990 of 1113 results for "Remuneration"

CHOICE wants commissions banned

MICHELLE BALTAZAR  |  MONDAY, 15 JUN 2009
Consumer body CHOICE launched a new campaign this month calling for a ban on commission-based remuneration and other conflicted remuneration to advisers. Titled 'Financial advice: is it in your interest?' campaign, the association is attacking what ...

Insurance needs more disclosure

MICHAEL HOBBS  |  FRIDAY, 5 JUN 2009
... way, trailing commissions or fee-based (advisers "dial down" the commission"). But before moving the debate on the remuneration further, the public needs to be provided with a clearer idea on how much they are paying first, said Jim Minto, chief executive ...

Net tightens on executive pay

RUTH LIEW  |  FRIDAY, 29 MAY 2009
... a consultation package encouraging financial services firms to set up stricter guidelines when deciding executive remuneration. The Australian Prudential Regulation Authority is recommending its regulated institutions - including banks, insurance and ...

Perpetual proposes caps on exec and board pay

MICHELLE BALTAZAR  |  TUESDAY, 26 MAY 2009
... reinvestment plan announced this morning and a move towards lower bonus payments and caps on executive and board remuneration. The 'surprise' announcements were made by the group's chairman, Robert Savage, in his letter to Perpetual's shareholders. In ...

What-if scenarios bring Budget blues

MICHELLE BALTAZAR  |  MONDAY, 11 MAY 2009
... tax-free world of super and draw it as part of their pension. Then there are couples who purposely negotiate their remuneration to meet co-contribution thresholds that they would otherwise not be eligible for. "The more changes [the Government] actually ...

ESG a fiduciary duty: Sherry

ALEX DUNNIN  |  THURSDAY, 7 MAY 2009
... Sherry said it's also crucial to not forget the G in ESG, especially when trustees consider how a company's executive remuneration principles may impact their fund members' long term best interests. Concern over executive remuneration and golden handshakes ...

AFA calls for remuneration choice

MICHAEL HOBBS  |  WEDNESDAY, 6 MAY 2009
The Association of Financial Advisers (AFA) has questioned the Financial Planning Association's (FPA) role in determining how the industry is remunerated. Richard Klipin, chief executive at the AFA, said the FPA's recent announcement that its membership ...

FPA recommends fee-for-service advice

MICHELLE BALTAZAR  |  FRIDAY, 1 MAY 2009
... financial services sector, the Financial Planning Association (FPA) has recommended to the government that the standard remuneration model for advice should be fee-for-service, citing that the "commission-based regime is unsustainable". Speaking at a ...

APRA not interested in exec pay levels

ALEX DUNNIN  |  THURSDAY, 9 APR 2009
The prudential regulator, APRA, is interested in how remuneration packages are structured, not how big they are. John Trowbridge, APRA Member, speaking at the 2009 Remuneration Forum last month said, "APRA does not see itself as the guardian of any ...

Pay to perform

MICHELLE BALTAZAR  |  THURSDAY, 19 MAR 2009
The Federal Government is granting super funds and fund managers more powers to reject or approve executive remuneration schemes, marking the end of an era blotted by outrageous 'golden handshakes' and excessive bonuses. Under legislative reforms announced ...