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Showing 151 - 160 of 328 results for "Unions"

Royal commission must look at 'full picture': TWUSUPER CEO

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
... super because they are able to "get behind that security line into the yards" and talk to people. The relationship between unions and super funds is often painted as a political conspiracy that benefits trustees and unions, but not necessarily members. ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... that super funds having a majority of independent trustees would break "inappropriate relationships between some trade unions and some industry funds."

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... not-for-profit side broadly rejecting it. Media reports, meanwhile, have reported the issue as being about breaking the influence of unions on superannuation fund boards, although the report did not explicitly cite this as a motivation, instead talking ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... John Brogden welcomed the recommendation, saying it would it would break "inappropriate relationships between some trade unions and some industry funds." However, Industry Super Australia opposed the change, with chief executive David Whiteley saying ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... APRA supported this trend. "We cannot continue to have a selection process for default superannuation that allows only unions and employer organisations to determine which funds are selected for awards. "When you strip away the rhetoric, the industry ...

AustralianSuper names new deputy chair

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
... Oliver has been a member of the AustralianSuper board since 2007. Oliver is secretary of the Australian Council of Trade Unions, and spent 20 years at the Australian Manufacturing Workers' Union. AustralianSuper chair Heather Ridout said: "Dave has been ...

Consumers ask banks to disclose brand ownership

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... to know that so they can make an informed decision." The Customer Owned Banking Association (COBA), representing credit unions, building societies and mutual banks, is also calling for greater disclosure. The same survey found that 70.4% of respondents ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... customers' products. Westpac Group follows with 32.8%, ANZ Group 29.9% and NAB 27.8%. The big four banks outperform Credit Unions (25.7%), Building Societies (27.2%) and the international banks including Citibank (12.6%), HSBC (17.9%) and ING Direct ...

Howes to leave AustralianSuper board

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... down as secretary of Australian Workers Union (AWU). He will also leave his position on the Australian Council of Trade Unions (ACTU). Howes was nominated to the board of AustralianSuper by the ACTU. A spokesperson for AustralianSuper confirmed Howes ...

Budget reply speech 2014 -15: Bill Shorten