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FSU secures super pay increasesBY ELIZA BAVIN | FRIDAY, 10 JUL 2020 12:02PM
The Financial Sector Union (FSU) has confirmed employees at a number of super funds will receive pay increases in a deal that followed 12 months of negotiation.Read more: FSU, Hostplus, AustralianSuper, Financial Sector Union, HESTA, Media Super, Bendigo Bank, Fair Work Commission, Financial Standard, Julia Angrisano, NAB
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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