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Showing 71 - 80 of 82 results for "Fair Work Commission"

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... expensive than MySuper products of the Industry SuperFund group. Like AIST, ISA argued for the retention of the Fair Work Commission vetting process as a way of protecting consumers. ISA did not address the fact that, while retail funds have traditionally ...

Legal action on cards as FWC denies FSC requests

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
The Fair Work Commission (FWC) has rejected the Financial Services Council's (FSC) call for a hearing on the validity of the expert panel as well as its request for a one week extension on MySuper applications. In response to this decision, the FSC ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
The Financial Services Council's (FSC) request to review the constitution of the Fair Work Commission (FWC) expert panel on super and awards has met with opposition from Industry Super Australia (ISA). The FSC questioned the validity of the FWC expert ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
... campaign to keep superannuation in awards, saying it is "deeply concerned" by the big bank-led push to take the Fair Work Commission out of the default super selection process. ISA chief executive David Whiteley said the Fair Work Commission's involvement ...

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

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... provide default superannuation to certain industries must go through a gruelling approval process with the Fair Work Commission (FWC). But the government is looking to take the FWC out of the process altogether, meaning employers will be free to choose ...

CFS outlines post-awards plans

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... Speaking more broadly about the awards system, she said retail funds like hers have "no standing" with the Fair Work Commission. "The only ones that do have standing with the FCW are the employer groups and the unions. So we've found it very difficult ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
... considers this the number one superannuation-related issue that the government is reviewing. "Abolishing the Fair Work Commission selection process for MySuper products is unequivocally the most important reform proposed in the Superannuation Discussion ...

BT reveals post-awards strategy

JAMES FERNYHOUGH  |  THURSDAY, 20 FEB 2014
... would open up 30,000 small to medium sized employers who bank with Westpac, no longer constrained by the Fair Work Commission's selection process. That figure does not include Westpac's large institutional clients. She said that BT, the funds management ...

Pressure mounts on super in modern awards

JAMES FERNYHOUGH  |  FRIDAY, 14 FEB 2014
MLC and BT have called on the Fair Work Commission (FWC) to delay its four yearly review of the default fund terms of modern awards until after the government has completed its own review into the issue. The call is part of a larger campaign led by ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
... Services Council (FSC) has urged the government to take superannuation out of modern awards, arguing that the Fair Work Commission (FWC) has no role in determining which funds can be default employer funds. Under the current system, super funds who want ...