ISIS mercenaries continue their attack on Damascus government forces in Rasafa desert in southern Raqqa countryside, and at the same time, Russian warplanes launched about 10 air raids on the area
“CPS 511 continues to indicate that variable remuneration is an accountability component for an organisation, implying that it might be required for RSE licensees to ensure that appropriate incentives are set for employees,” it said. “Not all RSE licensees have variable remuneration. The choice of having (or not) variable remuneration is made by each RSE licensee based on their individual circumstances. ASFA considers that APRA should be absolutely clear that variable remuneration is not an accountability requirement.”
“Overall, ASFA continues to be concerned about the ability of [superannuation] RSE licensees to compete for talent with other financial services industry participants (for example, private equity funds), as well as participants in other industries,” ASFA said.