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Showing 1 - 10 of 1074 results for "Remuneration"

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... liquidation, has been slammed with an $11.03 million penalty for providing "cookie cutter" advice and breaching conflicted remuneration laws. Equiti Financial Services paid $130,250 in bonuses to three financial advisers who provided template advice ...

Bravura chief exits: 'Right time to step aside'

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... while the search for a permanent replacement takes place. In the interim role, Okhai will be paid a fixed annual remuneration of $500,000 pro-rated for the length of service and no other incentives will be made available during his time in the role. ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
AMP shareholders overwhelmingly approved the 2025 remuneration and chief executive Alexis George's long-term incentives after the company rejigged its remuneration framework. Shareholders voted in favour of adopting the remuneration report at 93.2% ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... from 23.6% in the prior corresponding period. The industries employ a workforce comprising 53% women with average remuneration in the upper quartile sitting at $307,000. Across the board, financial services workers took home $162,000 on average. At a ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... Series. The strategy will be managed by Boston-based GW&K Investment Management. The board also announced a change in remuneration for Peters, noting that his role is "critical to the successful delivery of the turnaround". His revised remuneration package ...

Execs face shareholder backlash over pay: Georgeson

ROSE MARY PETRASS  |  TUESDAY, 11 FEB 2025
The ASX300 experienced heightened shareholder opposition to executive remuneration proposals in 2024 for the second consecutive year, according to shareholder services provider Georgeson. Forty of Australia's 300 biggest listed companies received a ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... executing its restructure and turnaround strategy and has so far illustrated momentum in the areas of cost control, remuneration redesign, product rationalisation and a review of the investment process, all initiatives designed to stabilise and reset ...

Rest appoints two general managers

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... improving efficiency in operational processes, and providing strategic leadership pertaining to work health and safety, remuneration, and rewards. Both Mathews and Ghosn will report to Rest's chief people officer Amy Murell, who was promoted to the newly ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. APRA has released the findings of its thematic review of trustees' implementation of ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... executing its restructure and turnaround strategy and has so far illustrated momentum in the areas of cost control, remuneration redesign, product rationalisation and a review of the investment process, all initiatives designed to stabilise and reset ...
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