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Showing 1221 - 1230 of 3246 results for "Employee"

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
AMP's technical superannuation adviser support team saw a rise in the number of advisers querying tax deductions for personal superannuation contributions last month. Data from more than 2090 calls made by advisers last month showed more clients were ...

Superannuation fund drops fees

KARREN VERGARA  |  TUESDAY, 23 APR 2019
After switching administrators, a $15 billion superannuation fund has dropped a number of its fees. CareSuper has removed several fees from 1 April 2019, including contribution splitting fees ($50), family law splitting fees ($40) and exit fee on withdrawals ...

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
ANZ has denied reports it will cut 8000 jobs over the next three years. This was in response to an article from The Australian stating it obtained board discussions of executives that "canvassed reducing the bank's workforce by almost 20,000 to ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... underpay already low-paid workers." CBA said in a statement the discrepancies in pay had been uncovered during a review into employee leave, pay and allowances, superannuation and other obligations under enterprise agreements and legislation. CBA executive ...

Superannuation gender gap hits women early

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
A new study shows the gender retirement savings and pay gap is triggered as early as graduate employment and progressively worsens. Researchers from Monash Business School found the gender pay gap kicked in from the start of a female employee's ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Former Commonwealth Bank and Westpac chief information officer Bob McKinnon is tasked with the tough job of chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA revealed ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Commonwealth Bank is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to ...

IFM settles UK sexual harassment case

KANIKA SOOD  |  MONDAY, 15 APR 2019
... Michel-Verdier. IFM today confirmed the two parties have settled for £270,000 or roughly $493,000. "IFM Investors and a former employee, Nathalie Abildgaard, have reached a settlement agreement in relation to Ms Abildgaard's Employment Tribunal ...

State Street appoints international chief executive

KANIKA SOOD  |  MONDAY, 15 APR 2019
State Street has hired Citigroup's Asia chief executive as the new chief executive of its international business. Francisco Aristeguieta will be responsible for the company's business outside of US including strategy, client engagement, talent, growth ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
Four key pieces of legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice. Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, a highly anticipated ...