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Showing 551 - 560 of 1237 results for "Union"

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

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
Incoming TWUSUPER chief executive Paul Sayer has questioned the motivation of the Royal Commission into Union Governance and Corruption, urging the commissioner to take a balanced view in his initial findings, which are due out on Monday. Just over ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... and opened a new chapter in the so-called "war" between industry and retail superannuation funds. The Transport Workers Union (TWU) said yesterday that it is opposed to "the inquiry's plan to fill industry superannuation boards with a majority of independent ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... inappropriateness of the equal representation model. Financial Services Council chief executive John Brogden also put the emphasis on union influence. "Superannuation boards must be independent and free of vested interests from unions and other bodies," ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
Superannuation fund boards should comprise a majority of independent directors including an independent chair, David Murray has recommended in the Financial System Inquiry final report. If the government implements this recommendation, it would represent ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... standard baseline may be numbered. But the FSI hasn't stopped there. It wants the competition doors to default and especially union controlled award default super swung wide open - a view that will delight the government looking for a policy angle to ...

Cbus delivered last blow before RC interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 26 NOV 2014
... senior executive Maria Butera's conduct have again been criticised by the Counsel Assisting the Royal Commission into Trade Union Corruption and Governance, following the improper leaking of member data and allegations of perjury. Responding to a submission ...

Crowding in

BENJAMIN ONG  |  TUESDAY, 25 NOV 2014
... the EC's fresh initiative to breathe life into the region's comatosing economy. The Juncker plan, according to European Union (EU) VP Jyrki Katainen, is designed "to crowd in more private investment in order to make real investments a reality". There ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... interests of consumers," Senator Cormann told the Senate. Instead it was more about the commercial interest of the trade union movement which had a large stake in industry superannuation funds, he said.

Cbus executive denies perjury allegation

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
Cbus' head of workplace distribution Maria Butera has denied she committed perjury at the Royal Commission into Trade Union Governance and Corruption, contradicting claims made by Counsel Assisting the Royal Commission, Jeremy Stoljar SC. In his submission ...

Market wrap

AAP  |  TUESDAY, 11 NOV 2014
The share market is weaker as investors turn away from the big miners. A slightly better finish on Wall Street has failed to flow through to Australia, as the weakest iron ore prices in five years hits the resource stocks, City Index head of dealing ...