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Showing 31 - 40 of 53 results for "Modern Awards"

IOOF reports growth across the board

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
... be favourable IOOF's advisers - trading conditions were "optimal". He also cited the potential opening up of the modern awards system as a bonus. "The business is going very well for our company, the future is looking very bright, and all of a sudden ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
The Financial Services Council (FSC) has called for superannuation to be taken out of the modern awards system, a move it believes would improve competition among super funds and ultimately benefit members. In its submission to the government discussion ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 24 FEB 2014
... Licence (AFSL). We also investigate the calls from some sectors of the industry to take superannuation out of the modern awards system and in our profile interview we speak to ex-Wallaby captain and chief executive of Centric Wealth Kearns. You can read ...

BT reveals post-awards strategy

JAMES FERNYHOUGH  |  THURSDAY, 20 FEB 2014
... 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, told Financial Standard taking super out of awards would open up 30,000 ...

Pressure mounts on super in modern awards

JAMES FERNYHOUGH  |  FRIDAY, 14 FEB 2014
... and BT have called on the Fair Work Commission (FWC) to delay its four yearly review of the default fund terms of modern awards until after the government has completed its own review into the issue. The call is part of a larger campaign led by the retail ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
The Financial Services Council (FSC) has urged the government to take superannuation out of modern awards, arguing that the Fair Work Commission (FWC) has no role in determining which funds can be default employer funds. Under the current system, super ...

ISA and FSC clash over super in awards debate

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
... Assistant Treasurer Arthur Sinodinos yesterday. By opening up the process - and potentially doing away with super in modern awards altogether - the government said it hoped to increase competition and transparency. But Industry Super Australia (ISA) ...

Government targets super in awards, board independence

JAMES FERNYHOUGH  |  THURSDAY, 28 NOV 2013
... on its plan to introduce a quota of independent directors on super fund boards, and to take superannuation out of modern awards, following the release of a discussion paper by Assistant Treasurer Arthur Sinodinos. Speaking at a breakfast hosted by the ...

CSSA calls out default fund selection

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
... default super funds being incorporated in the Fair Work Amendment Bill 2012. "If a fund does not appear in enough Modern Awards it will be unlikely to survive because it cannot be chosen as a default super fund. "Major funds may be forced to close. We ...

AFA: Productivity Commission caves in to Shorten's pressure

LINDA HAUSKEN  |  FRIDAY, 19 OCT 2012
... we question, the appropriateness of FWA making decisions with respect to the selection of superannuation funds in modern awards." Up until now the FWA has been running the system, and Fox said that to this point it has not worked. "It is difficult for ...