Articles tagged with 'FSU'

FSU calls for bank salaries and sales targets to be separated

3 March 2010 | The FSU has called on the Government to rein in debt-pushing, suggesting one way this could be done is by separating bank workers’ salaries from sales targets.


Recruitment: enter the battle for talent

8 February 2010 | Does the drop in Australia’s unemployment rate translate into more opportunities in the financial services sector, and is the war for talent about to recommence from where it left off before the onset of the global financial crisis? Caroline Munro investigates.


Executive remunerations affect more than just shareholders

1 October 2009 | Simply giving shareholders greater say isn’t good enough, because like executives, shareholders often cash in on high-risk practices.


CBA aims to squeeze more from less, claims FSU

28 September 2009 | FSU claims the CBA will increase retail banking staff referral targets by 10 per cent for 2009-10 in what the bank admits is a shrinking market.


Sales targets see customers in more debt than they can handle

7 September 2009 | Fifty per cent of FSU members say they feel obliged to sell products whether customers need them or not.


Sales and bonus culture directly linked to collapse of Storm: FSU

4 September 2009 | The Commonwealth Bank ramped up sales targets hoping to wring more and more business from Storm Financial, according to a FSU statement to the Parliamentary Inquiry into financial products and services.


Speculation around more NAB job cuts

22 May 2009 | The Financial Sector Union believes more than 30 roles are at risk within NAB's financial planning division, but the bank has refuted these claims.


Aberdeen halves CSAM equities team

22 April 2009 | More than 50 per cent of the Australian equities team from Credit Suisse Asset Management will not be gaining positions with Aberdeen Asset Management in Australia.


Bankwest salary rates increase following 400 job cuts

17 April 2009 | The Financial Sector Union's Rod Masson insists recent job losses and pay increases are two separate issues.


Financial planners exempt from NAB cut backs

3 April 2009 | Seventy five roles made redundant in NSW, a further 38 nationally; news softened by the creation of 60 new positions.


Bankwest announces 400 job cuts

30 March 2009 | Bankwest says back-office support roles will be affected but denies suggestions that customer-facing roles will also face the chopping block.


1MMFPAAFAmerger Do you support a merger of the Financial Planning Association and the Association of Financial Advisers?
 
52%
 
3%
 
45%

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