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| | | Industry Super Australia (ISA) has denounced banks offering employers incentives to "bundle" super with business banking and insurance services. In some cases, ISA's statement said, these incentives have included discounts on insurance products and ... |
| | | | ... campaign to scrap the safety net," ISA chief executive David Whiteley said. Banks, he added, "want to bundle up business banking with their super products and sell this to employers. This could result in employees being moved into a poorer performing ... |
| | | | ... more than half of Westpac's profits and comprises its business and retail banking services. Westpac retail & business banking group executive Jason Yetton, CIO David Curran, BT chief executive Brad Cooper and St George chief executive George Frazis will ... |
| | | | ... maintained under Jon's leadership." Sutton has over 20 years' experience in financial services in both retail and business banking. Prior to joining BOQ, Sutton was managing director of Bankwest. He held a number of senior positions at the Commonwealth ... |
| | | | ... Commonwealth Bank's group technology unit in 2004 and was the chief information officer for the retail banking and business banking divisions during the core banking modernisation project.A He joined the business and private banking leadership team in ... |
| | | | ... total salary last financial year jumped to $12.8 million. Hartzer is currently responsible for Westpac's retail, business banking and wealth business, including Westpac retail and business banking, St. George Banking Group and BT Financial Group. As ... |
| | | | ... salary last financial year jumped to $12.8 million. Hartzer is currently A responsible for Westpac's retail, business banking and wealth business, including Westpac retail and business banking, St. George Banking Group and BT Financial Group. As part ... |
| | | | ... financial objectives." But the banks are opposing this system, he argued, because "they want to leverage their business banking relationships with employers to cross-sell employee default super arrangements, irrespective of the investment returns. "This ... |
| | | | ... returned: "The banks are lobbying the government to scrap the default super safety net so they can leverage their business banking relationships and cross-sell employee default funds to employers." |
| | | | ... funds are seeking to abolish the safety net and intend to cross-sell their super funds by leveraging existing business banking relationships." The release also said recent "bank-friendly" changes to financial advice laws compound the problem. "As ISA ... |
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