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REMUNERATION
Funds management
Magellan has made changes to its board following shareholder approval to increase board remuneration by $1 million....
Financial planning
Planning practices need to focus on revenue growth in order to sustain financial planner roles and some are paying over 30% what they usually paid a planner....
Superannuation
AustralianSuper’s chief investment officer had a total remuneration of $1,705,837 in the 2019/20 financial year....
Superannuation
The superannuation fund’s chief executive has claimed his salary is modest in comparison to other super funds who in-house the same operations....
Funds management
Industry funds-owned fund manager, IFM has complained it is the only fund manager to be called before a House of Representatives Committee and that it has already answere...
Superannuation
More than $380,000 has been confirmed as having been channelled to a major employer group by major industry fund, AustralianSuper. ...
Life/Risk
In a similar way to mortgage brokers, life/risk advisers are going to have to make their case if they want to retain commission-based remuneration structures....
Superannuation
Superannuation funds are concerned that new regulations will place them at a disadvantage to fund managers when it comes to competing for investment talent....
Policy & Regulation
James Shipton has agreed to step aside due to an investigation into exceeding relocation expense limits for himself and deputy chair Daniel Crennan....
Funds management
Industry funds-owned IFM Investors has maintained its relative silence on how it remunerates its executives, arguing that a key parliamentary committee is seeking more in...
Financial planning
One of the last remaining vestiges of commission-based remuneration, stamping fees, should be removed, according to the Financial Planning Association....
Policy & Regulation
Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation in...
Financial planning
Financial advisers are being asked to do no more than other professions in terms of assessing their obligations under Standard 3 of the adviser code of ethics, according ...
Financial planning
After two decades of stress and pressure from reforms, planners are now facing their own economic uncertainty as many will exit the industry in the new year, according to...
Financial planning
Structural change has lead investor relation functions to manage more responsibilities and larger teams leading to higher remuneration, according to AIRA....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...