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Showing 71 - 80 of 127 results for "Trade Union"

Groups call for default super fund decoupling

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
... movement to apply its standards of financial planning in the superannuation sector. Recently the Royal Commission into Trade Union Governance and Corruption announced it was seeking submissions to answer why laws denying employees a choice of superannuation ...

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Financial Services Council (FSC) is backing the Royal Commission into Trade Union Governance and Corruption to remove laws that deny employees a choice of superannuation fund. FSC chief executive, Sally Loane, said super must be decoupled from the ...

Royal Commission looks at choice of super funds

DARREN SNYDER  |  TUESDAY, 19 MAY 2015
The Royal Commission into Trade Union Governance and Corruption is seeking submissions to answer why laws denying employees a choice of superannuation fund should not be repealed. In its latest discussion paper, Options for Law Reform, the Commission ...

Cbus faces serious industry problems with super payments

DARREN SNYDER  |  MONDAY, 11 MAY 2015
... payment obligations. The recent review was commissioned by the industry super fund following issues raised in the Trade Union Royal Commission (TURC) concerning a breach of privacy provisions by Cbus staff. Professor Graeme Samuel and Robert Van Woerkom ...

Privatisation backlash derails infra investing

ALEX BURKE  |  MONDAY, 23 FEB 2015
... leads to a conflict between trustees' responsibilities to fund members and the political agendas of their sponsoring trade union. Which, perhaps, explains why so few industry super funds were prepared to go on record to discuss the issue. REST Industry ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... up the market to all MySuper products. In this cause, industry fund Cbus's recent woes in the Royal Commission into Trade Union Corruption and Governance - in which two Cbus employees were accused of perjury - will only strengthen the FSC's (and the ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
Vertical integration may prove to be a non-issue if both financial product manufacturers and distributors work with the consumers' best interest in mind, Financial System Inquiry (FSI) chairman David Murray said. "The same obligations are on everybody ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
Superannuation fund boards should comprise a majority of independent directors including an independent chair, David Murray has recommended in the Financial System Inquiry final report. If the government implements this recommendation, it would represent ...

Cbus delivered last blow before RC interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 26 NOV 2014
... senior executive Maria Butera's conduct have again been criticised by the Counsel Assisting the Royal Commission into Trade Union Corruption and Governance, following the improper leaking of member data and allegations of perjury. Responding to a submission ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... interests of consumers," Senator Cormann told the Senate. Instead it was more about the commercial interest of the trade union movement which had a large stake in industry superannuation funds, he said.