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Showing 51 - 60 of 83 results for "FSU"

Royal Commission must be extended: FSU

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
... Sector Union said the inquiries of Commissioner Kenneth Hayne should not be halted due to time constraints. Additionally, the FSU believes the investigation should allow for the examination of senior management within Australia's financial services organisations ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... singles out ASIC in Royal Commission coverage Advice not yet a real profession: Kell Banks put revenue above quality advice: FSU AMP executive 'apologises' for advice failings

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
Following today's round of hearings for the Royal Commission, the Finance Sector Union of Australia (FSU) noted that "banks had better systems in place to track incoming revenue than to make sure customers had been given the ongoing advice they were ...

NAB redundancies in full swing

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
... retrain or reskill the 6000 employees that will be made redundant over the next three years. Finance Sector Union of Australia (FSU) national secretary Julia Angrisano said many of these workers have been at NAB for years and they are the reason for ...

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... the signing of several Beneficiary Nomination Forms by clients. In an open letter to NAB chief executive Andrew Thorburn, FSU local executive secretary Darren Martin claimed it had been acceptable and customary within NAB to witness Beneficiary Nomination ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... Commission was "crucial", adding Turnbull only agreed to it "when the banks told him he had to." The Finance Sector Union (FSU) has consistently pushed for a Royal Commission. FSU national secretary Julia Angrisano said the quickest way to rebuild trust ...

NAB hastily recruits after announcing job cuts

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
... campaigning on behalf of its NAB-employed members, having demanded urgent talks with NAB chief executive Andrew Thorburn. The FSU was disappointed with the lack of clarity offered by NAB around the cuts, saying it is not clear how the organisation determined ...

More clarity needed on NAB redundancies

JAMIE WILLIAMSON  |  FRIDAY, 3 NOV 2017
... Union of Australia is concerned with NAB's lack of detail provided around plans to cut almost 20% of its staff by 2020. The FSU responded to the news of planned job cuts by demanding urgent talks with NAB chief executive Andrew Thorburn, labelling the ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... Sector Union of Australia. If there are doubts about the need for a Royal Commission a year ago, there can be no doubts today, FSU national secretary Julia Angrisano said. She added APRA's inquiry will not go far enough and may not have the power to ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... allegations of money laundering, it's time for the government to step in and clean up the entire banking system, once and for all," FSU national secretary Julia Angrisano said. The Commonwealth bank issued a statement yesterday saying that they would ...