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Showing 61 - 70 of 116 results for "Fair Work"

Super governance at centre stage

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  WEDNESDAY, 11 MAR 2015
... Australians. Employers are also restricted from choosing a MySuper default fund. Although APRA approves MySuper products, the Fair Work Commission duplicates and undermines this role by selecting a limited number of compulsory default funds for employers ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... Financial Services Council (FSC) and Industry Super Australia (ISA) in June. The court case was over the role of the Fair Work Commission (FWC) in selecting default super funds for modern awards. The FSC initially argued that the panel that selected ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... consistent with industry funds' long-term outperformance of retail funds, and said it vindicated the validity of the Fair Work Commission's involvement in the selection of default super funds for modern awards. "Australians rely on the safety net to ...

Super squabble beyond the joke: Taxpayers Australia

MARK SMITH  |  FRIDAY, 17 OCT 2014
... returns by opening up the default superannuation market to competition. "I want to strip away the debate and show the Fair Work Commission default superannuation process for what it really is - a distribution channel for the industry funds."

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... competition and cement [industry funds'] monopoly position in industrial awards." Whiteley's speech focused on the role of the Fair Work Commission (FWC) in selecting eligible default funds, which he argued was a necessary "safety net". Brogden, meanwhile ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... made. This move, however, will not remove super contributions from payslips, as this requirement is enshrined in the Fair Work Act 2009. All it means is employers will no longer need to specify the date they will actually make the payment. This means ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... expensive and offer lower returns than FSC member funds, but maintain a monopoly on default contributions through the Fair Work Commission process. "While the FWC process continues, millions of Australians will be missing out on the benefit of lower ...

Hockey wants Sinodinos back

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... (AWH). He was temporarily replaced by Finance Minister Mathias Cormann. Two key policy areas - regarding the role of the Fair Work Commission in the choice of default superannuation funds and the constitution of industry fund boards - have been in limbo ...

Impartiality of FWC Expert Panel challenged again

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
The impartiality of the Fair Work Commission's two Expert Panels has again been challenged, with Nationals Senator Bridget McKenzie calling on member Tim Harcourt to resign on the grounds that he is "biased towards the Labor Party." While Harcourt is ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... another setback on Thursday when the Australian Chamber of Commerce and Industry (ACCI) renewed calls for an end to the Fair Work Commission's involvement in selecting default funds. The call, made at the Financial Services Council conference, will be ...