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FINANCE SECTOR UNION
Financial planning
AMP has refuted claims by the Finance Sector Union that its staff will be subject to video surveillance when they work from home under new employment contracts....
Financial planning
The Finance Union Sector has criticised AMP’s decision to move jobs offshore and questioned “what they will strip away next” in the ongoing business simplification. ...
Financial planning
As artificial intelligence becomes increasingly commonplace in Australia’s financial services sector, over half of workers fear it poses a threat to their job security, t...
Financial planning
The Finance Sector Union has urged any private equity deal for Insignia Financial should make wellbeing paramount for its 4,000 employees, having spent 2024 negotiating a...
Financial planning
Almost 30 staff at AMP could be affected by changes to its marketing and communications team, Money Management understands, as it makes two senior hires. ...
Financial planning
Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....
Financial planning
Insignia Financial has proposed slashing staff redundancy pay arrangements by 58 weeks, potentially making it one of the lowest in the industry. ...
People & Products
Staff at the RBA are in dispute with the central bank over working conditions and pay rises while its monetary policy board continues to hike interest rates. ...
Policy & Regulation
The big four bank has disputed claims from the Finance Sector Union that it is asking members to vote for “wage theft”....
Financial planning
There is a lack of willingness on the part of firms in the financial services sector to close the gender pay gap, despite it surpassing 20%. ...
Financial planning
In 2017 the bank had underpaid staff in pay and entitlements in relation to super due to ‘excessively complex individual employment arrangements’, according to the Financ...
Financial planning
Some of the major banks may have exited their wealth businesses but that has just meant that bank staff are now promoting the financial services products of the companies...
Financial planning
The Finance Sector Union has called for the current move to professionalisation to be extended beyond just planners, but has warned that there are issues with an industry...
Policy & Regulation
The Finance Sector Union has blasted evidence given by National Australia Bank executive, Anthony Waldron, to the Royal Commission that sales targets were to blame for ba...
Financial planning
The Finance Sector Union of Australia has attacked the National Australia Bank for failing to retrain current staff, as the bank’s program to axe 6,000 jobs begins....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...