Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 199 results for "Business Bank"

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
The Financial Services Council's (FSC) request to review the constitution of the Fair Work Commission (FWC) expert panel on super and awards has met with opposition from Industry Super Australia (ISA). The FSC questioned the validity of the FWC expert ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
Industry Super Australia (ISA) has upped its campaign to keep superannuation in awards, saying it is "deeply concerned" by the big bank-led push to take the Fair Work Commission out of the default super selection process. ISA chief executive David Whiteley ...

CBA integrates online business banking with MySuper

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
Commonwealth Bank of Australia (CBA) has taken its campaign to become a major player in employer superannuation up a notch, integrating its business banking services and MySuper product on its online banking tool, NetBank. The integration of the two ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... Both Westpac and Commonwealth Bank of Australia have stated that in a post-awards environment, they will use their business bank network to reach potential employer customers for their MySuper offerings. But Atkin fears this will lead to a conflict of ...

NAB CEO Clyne to retire

ALICE URIBE  |  THURSDAY, 3 APR 2014
National Australia Bank chief executive A and managing director Cameron Clyne is to step down from the bank in August this year, to be replaced by Bank of New Zealand boss Andrew Thorburn. Clyne said that the job had taken a personal toll and it was ...

CFS outlines post-awards plans

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... State (CFS) has revealed how it will approach a post-awards environment, including the use of advisers and targeting business bank customers. The fund management and super arm of banking giant Commonwealth Bank of Australia (CBA) has also added its voice ...

BT reveals post-awards strategy

JAMES FERNYHOUGH  |  THURSDAY, 20 FEB 2014
BT Financial Group will pitch its MySuper product to at least 30,000 employers via Westpac's business bank should the government proceed with its plan to take superannuation out of modern awards. Vicki Doyle, head of corporate and retail super at BT ...

FSU considering options after NAB snub

MARK SMITH  |  WEDNESDAY, 18 SEP 2013
National Australia Bank (NAB) failed to meet a deadline with the Financial Sector Union (FSU) to clarify whether sacked employees would be entitled to their Short Term Incentives [STIs] and now faces further action from the union. The Financial Sector ...

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
Several thousand jobs could be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU). The media and communications manager at the FSU Leanne Shingles said that last ...

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
National Australia Bank (NAB) has denied that it has a "new" offshoring program, despite a Finance Sector Union of Australia (FSU) tally stating that 133 jobs had been offshored this year. According to an FSU tally NAB has axed 571 staff, as the bank ...