REMUNERATION

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....

image
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...

image
Superannuation

More than $380,000 has been confirmed as having been channelled to a major employer group by major industry fund, AustralianSuper. ...

image
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....

image
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....

image
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....

image
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...

image
Financial planning

One of the last remaining vestiges of commission-based remuneration, stamping fees, should be removed, according to the Financial Planning Association....

image
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...

image
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 ...

image
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...

image
Financial planning

Structural change has lead investor relation functions to manage more responsibilities and larger teams leading to higher remuneration, according to AIRA....

image
Financial planning

APRA’s agenda to reduce poor behaviour and misconduct in the financial sector is an ambitious plan that will take four years to succeed, according to its chair....

image
Financial planning

AMP chief executive, Francesco de Ferrari, has been given an increase in his performance rights by over six million, according to an announcement on the ASX....

image
Policy & Regulation

ANZ has dropped individual bonuses and replaced them with incentives based on overall group performance....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

6 days 1 hour ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 15 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

19 hours 41 minutes ago