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Showing 561 - 570 of 738 results for "Modern"

ISA and FSC prepare for Federal Court clash

JAMES FERNYHOUGH  |  WEDNESDAY, 7 MAY 2014
... the validity of the Fair Work Commission's Expert Panel responsible for the selection of MySuper funds to be listed on modern awards. While the Federal Court named two official respondents - the FWC and ISA - the surprise is that ISA, not the Fair Work ...

Port of Newcastle leased for $1.75bn

JAMES FERNYHOUGH  |  THURSDAY, 1 MAY 2014
The NSW government has leased the Port of Newcastle to a consortium of investors including the Chinese government, for $1.75 billion. The consortium is comprised of Australia's Hastings Funds Management and China Merchants, a Chinese state-owned corporation. ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... questioned the validity of the FWC expert panel and its ability to undertake a review of default superannuation funds in modern awards. The organisation is now seeking an urgent hearing with the FWC before the April 28 deadline for MySuper applications. ...

CBA integrates online business banking with MySuper

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
... super providers, but this is likely to change if the government proceeds with its plan of removing superannuation from modern awards altogether. This will result in a level playing field, at least from a regulatory point of view, for retail and industry ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
The removal of super from modern awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin. Currently, super funds wishing to provide ...

Insurance industry still behind on big data usage

LAURA MILLAN  |  THURSDAY, 3 APR 2014
The insurance industry is still behind when it comes to accessing and using customer data to predict consumer behaviour and design personalised products. Bravura Solutions and the Financial Services Council (FSC) conducted a poll on the life insurance ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... a default superannuation fund from a limited list, which changes depending on the sector they belong to. There are 122 modern awards and each one involves a different review process. Retail funds with MySuper products are entitled to apply to be included ...

Industry funds spend millions on advertising

JAMES FERNYHOUGH  |  MONDAY, 24 MAR 2014
... the necessity to create a brand through advertising is likely to increase should the Coalition take superannuation out of modern awards. "Funds that don't have a brand and are not able to rely on the awards system for new members, are going to find it ...

CFS outlines post-awards plans

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... Commonwealth Bank of Australia (CBA) has also added its voice to the debate over whether superannuation should be taken out of modern awards, calling the current system "anti-competitive". Nicolette Rubinsztein, general manager of advocacy and retirement ...

IOOF reports growth across the board

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
... would 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 ...