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.
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.
8 February 2010 | With the war for talent set to resume in the wake of the global financial crisis, some are arguing that the only way to develop the industry to its fullest potential is to invest in the future. Caroline Munro reports.
4 February 2010 | New industrial relations laws that impose stricter redundancy rules may not change the more distasteful practices within the financial services industry.
25 January 2010 | The Australian Financial Centre Forum’s report, which aims to see Australia develop into a financial hub, has been criticised by the Finance Sector Union (FSU) for not addressing the need for better regulation of the financial services industry nor concerns around the offshoring of Australian jobs.
21 January 2010 | Employment issues should be considered alongside competition in the acquisition of AXA AP.
1 October 2009 | Simply giving shareholders greater say isn’t good enough, because like executives, shareholders often cash in on high-risk practices.
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.
7 September 2009 | Fifty per cent of FSU members say they feel obliged to sell products whether customers need them or not.
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.
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.
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.
9 March 2009 | Speculation is rife that Cameron Clyne's strategy briefing this Thursday will include job cuts across the bank, but the FSU's Rod Masson believes profitable companies should consider the longer-term implications of shedding staff and losing valuable skills in the process.
9 March 2009 | Speculation is rife that Cameron Clyne’s strategy briefing this Thursday will include job cuts across the bank, but the FSU’s Rod Masson believes profitable companies should consider the longer-term implications of shedding staff and losing valuable skills in the process.