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Showing 31 - 40 of 69 results for "FSU"

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... Unconfirmed speculation of this size can only lead to uncertainty and has far-reaching negative impacts on employees," the FSU said. The FSU referred to an article in The Australian, which alleges Comyn has a "secret plan" to cut more than 10,000 employees. ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... ASIC also called for calm and joined the chorus opposed to the structural separation of product and advice. The AFA and the FSU, Hayne noted, also said the same. For Hayne, while there are clearly conflicts of interest inherent in the vertically integrated ...

Increase adviser standards sector-wide: FSU

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... which exist outside employment relationships, are a crucial mechanism for dealing with cultural problems within the sector, FSU national secretary Julia Angrisano said. The comments follow Westpac chief executive Brian Hartzer's testimony to the Royal ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... Commissioner Hayne's interim report, labeling it an important first step in reforming the financial services industry. FSU national secretary Julia Angrisano said the union agrees wholeheartedly with Treasurer Josh Frydenberg that culture and conduct ...

BTFG faces possible union action

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... removal of the Advanced Financial Planner role for those operating outside of BTFG's Partnerships business. According to FSU communications to BT staff, such a move would see the dismissal of at least 85 employees across the country. A number of ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... adviser sales tactics Government ramps up ASIC powers Royal Commission to boost ETFs: VanEck Royal Commission must be extended: FSU April 19: The human cost of bad financial advice comes to light The day's proceedings got a human touch when a former ...

Royal Commission must be extended: FSU

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
... Sector Union said the inquiries of Commissioner Kenneth Hayne should not be halted due to time constraints. Additionally, the FSU believes the investigation should allow for the examination of senior management within Australia's financial services organisations ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... singles out ASIC in Royal Commission coverage Advice not yet a real profession: Kell Banks put revenue above quality advice: FSU AMP executive 'apologises' for advice failings

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
Following today's round of hearings for the Royal Commission, the Finance Sector Union of Australia (FSU) noted that "banks had better systems in place to track incoming revenue than to make sure customers had been given the ongoing advice they were ...

NAB redundancies in full swing

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
... retrain or reskill the 6000 employees that will be made redundant over the next three years. Finance Sector Union of Australia (FSU) national secretary Julia Angrisano said many of these workers have been at NAB for years and they are the reason for ...