FSU

Financial planning

The Financial Services Union has shown concern that “systemic and cultural problems” in the big banks have led to poor advice outcomes, following revealing evidence from ...

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Financial planning

The Finance Sector Union has slammed the Commonwealth Bank of Australia for its pressure on staff to meet sales targets. ...

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Financial planning

The Commonwealth Bank yesterday admitted to the Royal Commission that its home loan commission scheme was riddled with conflicts, which the Financial Services Union said ...

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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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Policy & Regulation

The Finance Sector Union has welcomed Kenneth Hayne’s declaration that non-disclosure and employment agreements will not gag employees before the Royal Commission, saying...

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Policy & Regulation

The Finance Sector Union has backed measures like the Sedgewick Inquiry and the Bank Executive Accountability Regime but argues that only a Royal Commission will really w...

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Financial planning

The Finance Sector Union has argued for the extension of the Future of Financial Advice best interests duty to general advice....

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Financial planning

A Parliamentary committee has been told the major bank levy is ‘all fizz, no pop’ and may simply provide the banks with an excuse to embark on a round of job cuts....

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Financial planning

The Finance Sector Union has urged NAB chief executive, Andrew Thorburn to have the bank shoulder responsibility for compliance failures rather than blame financial plann...

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Superannuation

The Commonwealth Bank will back-pay up to eight years in SG contributions to its past and present part-time employees....

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Financial planning

Bank employees want to deliver service to their customers instead of being under constant pressure to sell, the FSU believes....

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Financial planning

Attempts to implement changes and “restore confidence” in the FSU by the union’s national secretary, Fiona Jordan, are being stymied by a “hostile national executive”....

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JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

9 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 3 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago