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Showing 11 - 20 of 316 results for %22Financial Services Union%22

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... billion bad advice remediation bill represented a small fraction of its whopping $10.2 billion profit, the full-year financial results show. The total customer remediation amounted to a huge $2.6 billion in the 2023 financial year, of which the lion's ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... minister for finance and deregulation from 2007 to 2010. He has extensive experience in corporate governance and advising financial and asset managers, including as a special advisor to Lazard Australia for over 10 years. Tanner is currently a director ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... non-political donations would be aggregated and not individually itemised. Assistant treasurer and minister for financial services Stephen Jones argued this would strike the right balance between reducing the regulatory burden on funds and public expectations ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... political donations and payments to unions. Subsequently, Bragg lampooned assistant treasurer and minister for financial services Stephen Jones as the minister for industry super. "He may as well swear allegiance to the unions and super funds," he added. ...

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... also up 5%, accounting for both recent share market declines and acquisition of client bases. Fiducian acquired the financial planning arm of People's Choice Credit Union, adding $1.1 billion at the time. Fiducian said it also acquired additional FUA ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... disclosure requirements. This move attracted stark criticism from senator Andrew Bragg who said minister for financial services Stephen Jones released draft regulations to hide super fund political donations and their payments to unions. On winding back ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... artefact from the merger of Suncorp and Metway bank in 1996 that is past its useful life." Credit Suisse also analysed the financial aspects of the deal, noting ANZ disclosed synergies of $260 million representing 35% of the Suncorp bank cost base along ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... outlining changes to disclosure requirements for superannuation annual members' meeting notices. Minister for financial services Stephen Jones' office said: "To support members in preparation for meetings, super funds are required to provide ...

Aaron Santelises joins ART board

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... retirement savings of more than two million members. I look forward to working with the board to ensure members' best financial interests remain the key focus of the fund."