FSU Better Banking Charter garners support from election candidates
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.”
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
