Fidelity Life Business Development Strategy
They have a point: relying on charitable donations and volunteers has its limits

Hayne and the missing bonus payment

AMP have stated in their annual report that the company has made the executive decision to refrain from paying former chief executive Craig Meller and former advice and banking executive Rob Caprioli their unvested incentives, which totals to A$10.8 million ($11.16m). The decision to do so reflects AMP’s initiative to improve upon the issues raised with ASIC during the financial advice hearing with the Royal Commission. When asked about the bonuses of New Zealand executives, an AMP spokesperson stated that they believe the bonus outcomes were reflective of the performance challenges they faced here in New Zealand. AMP have stated that further changes are set to be implemented as the year progresses, while ensuring employees are not unjustly penalized. Click here to read more.


Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.