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Showing 31 - 40 of 71 results for "Axed"

Superannuation bodies axed in government streamlining

MARK SMITH  |  MONDAY, 3 FEB 2014
The SuperStream Advisory Council, the Superannuation Advisory Committee and the Superannuation Roundtable have become the latest casualties of the government's 'streamlining' process. With reforms to the superannuation sector in recent years largely ...

FSU considering options after NAB snub

MARK SMITH  |  WEDNESDAY, 18 SEP 2013
... unveiled by chief executive Cameron Clyne to cut $800 million in costs a year by 2018. According to an FSU tally, NAB has axed 571 staff. This number is made up of 438 redundancies and the offshoring of 133 jobs. The FSU said that the job losses were ...

NAB delays staff salary increases

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
... leave and relief fixed up and we want a better work life balance," the FSU said. An FSU tally recently revealed that NAB has axed 571 staff as part of a major shake-up in most of its divisions. This number is made up of 438 redundancies and the offshoring ...

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
... unveiled by chief executive Cameron Clyne to cut $800 million in costs a year by 2018. According to an FSU tally NAB has axed 571 staff. This number is made up of 438 redundancies and the offshoring of 133 jobs. However a NAB spokesperson said in a statement ...

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

ALICE URIBE  |  THURSDAY, 29 AUG 2013
... 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 reduces staff as part of a plan unveiled by chief executive Cameron Clyne to cut $800 million in costs ...

Australia CEO axed in Russell restructure

BEN COLLINS  |  FRIDAY, 1 FEB 2013
Russell Investments' Australia chief executive Chris Corneil has been let go, following the departure of several key executives who have also left in recent months. Corneil has reportedly already finished at Russell Investments, and was made redundant ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
The Australian Securities and Investments Commission has axed 59 jobs in the year to May as part of 87 redundancies with a further 68 to go this financial year as part of a $10 million budget cut to the corporate watchdog, dependant on a funding review. ...

ECB relents, sort of

BENJAMIN ONG  |  FRIDAY, 3 DEC 2010
... the impelentation of the Securities Market Program (SMP) - aka bond purchases. Weber even called for the programme to be axed two months ago. Easy for the Germans to say, I say. Their economy is benefiting from the European turmoil in terms of a weak ...

Prime Super restructures equities portfolio

RUTH LIEW  |  THURSDAY, 2 DEC 2010
... respectively. The fund is currently appointing managers for its $350 million Australian equities portfolio, after Prime Super axed two enhanced passive mandates with BlackRock and BGI. "As a result of their [BlackRock and BGI] merger, we had to go back ...

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy. David Galbally QC, chairman ...