FSU Better Banking Charter garners support from election candidates

disclosure/

6 August 2010
| By Caroline Munro |

The Finance Sector Union (FSU) has gained traction for its Better Banking Charter using the election campaign.

The charter has called for an end to the off-shoring of jobs, limitations on performance-based sales targets and better disclosure and a demonstration of the link between fees and the provision of customer service.

At the time of publishing, nearly 30 election candidates, a number of who are currently Federal Members of Parliament, had supported the charter.

“It’s good to see the leaders of our political parties switching their attention to the economy and jobs in this week of the Federal Election campaign,” said FSU national secretary, Leon Carter. “And it’s great to see that candidates in the forthcoming election are interested in FSU’s Better Banking charter, and are prepared to pledge their support for it.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 1 day ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo