REMUNERATION

Policy & Regulation

Mortgage Choice has taken its predicted profit hit amid the slowing property market and the uncertainties created by the Royal Commission....

image
Financial planning

The Federal Government has committed to a timetable to ending grandfathering and to entertaining life/risk commissions being further reduced....

image
Policy & Regulation

The Australian Prudential Regulation Authority has been advised to conduct supervision of remuneration systems and review its current standards and guidance on the matter...

image
Financial planning

Westpac has admitted that it did not fully appreciate the underlying risks entailed in running a financial planning business....

image
Financial planning

Westpac chief executive, Brian Hartzer has confirmed that senior executives within BT Financial Group suffered significant remuneration consequences for issues raised at ...

image
Financial planning

The Financial Services Council has told the Royal Commission that advisers undertake a significant amount of work for clients, justifying their commission payments....

image
Financial planning

Westpac chairman, Lindsay Maxsted has admitted the big banking group did not sufficiently recognise the risks in its financial planning business....

image
Expert Analysis

With salary packages and bonuses for chief executives hitting almost unheard of levels, ...

image
Funds management

Australian firms lag on remuneration and disclosure, according to AXA Investment Managers....

image
Policy & Regulation

The Australian Securities and Investments Commission has canvassed its product intervention power being extended to identifying inappropriate remuneration structures....

image
Financial planning

While commission-based remuneration of planners is under greater threat in Australia, the New Zealand Government is opting to pursue a transparency approach around advise...

image
Policy & Regulation

An Australian Prudential Regulation Authority has found Australia’s major banks, insurers and superannuation funds falling short on executive remuneration practices....

image
Accounting

The Commonwealth Bank board may be backing its chief executive, Ian Narev but both he and his senior executive team are being made to take a remuneration haircut....

image
Policy & Regulation

A Parliamentary Committee has been told the Future of Financial Advice regime contains too many exemptions to make it effective in removing the sales culture within Austr...

image
Life/Risk

The Australian Institute of Superannuation Trustees wants all commissions and other forms of conflicted remuneration for the sale of retail life policies banned....

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Aware one

It is very worrying that Stephen Jones and the Labor government are now trying to limit the access retirees have to thei...

17 hours ago
Aware one

Let's face it, recruitment numbers are down because the government, and their bureaucrats, have made this a dying indust...

17 hours ago
Fed-up

Phil Anderson is pure gold....

21 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago