Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 5702 results for %22Commission%22

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... BlackRock had 19,800 employees at the end of December 2022, according to a filing with the US Securities and Exchange Commission.

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ...

Former adviser misled ASIC during investigation: Court

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... information during a compulsory examination, hence breaching section 64(1) of the Australian Securities and Investments Commission Act 2001 (Cth). ASIC referred the matter to the Commonwealth Director of Public Prosecutions. If found guilty, he could ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... their businesses slashed by controversial changes to AMP's Buyer of Last Resort provisions following the Royal Commission. Justice Moshinsky found evidence of losses incurred by the lead applicant, Equity Financial Planners, and sample group member ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... years. The financial planner, Birt points out, servicing this policyholder may receive an additional ongoing trial commission that could effectively double. "Renewal commission may be 20% per annum of the premium, so in the example above, $1600 per annum ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... meet new workplace sexual harassment laws introduced this week. Effective December 12, the Australian Human Rights Commission is now enforcing the Positive Duty under the Sex Discrimination Act, requiring companies to prevent sexual harassment in the ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
One in nine Australians expect to have more than $250,000 in debt when they retire, a new study by AMP shows, however separate research from TAL suggests debt in retirement is of little concern. A study commissioned by AMP has found that fewer than ...

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
Research by CoreLogic suggests the Australian housing market is heading towards an inflection point, with the rate of growth in home values becoming more diverse but generally weakening. According to the research, commissioned by NAB for its December ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
The SMSF Association has ripped apart the Association of Superannuation Funds of Australia's (ASFA) assertion, which is based on ATO sample data, that less than 1% of SMSFs with balances over $3 million have farm-related income. The government has ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... experienced customer excellence specialist." In addition to Commonwealth Bank, Fletcher also assisted AMP with its post-Royal Commission remediation programs which totalled about $800 million. He's also previously held senior roles in mergers and acquisitions ...