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Showing 1 - 6 of 6 results for "Fair Work Commission process"

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
Industry Super Australia wants a "better off test" requiring banks and other financial services providers to demonstrate that switching a member's superannuation will be beneficial. Additionally the representative group is calling for banks to ban all ...

Frydenberg slams modern awards as poorly-conceived

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... market to competition will require consideration of an alternative to the current, poorly-conceived Fair Work Commission process for the selection of default funds in modern awards." He added that the government was committed to increasing competition ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... 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 fees and higher return ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... not members of ACCI. Ai Group chief executive Innes Willox said the group continues to support the Fair Work Commission process. Read all Financial Standard coverage of the FSC Annual Conference here.

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
... But Industry Super Australia (ISA) disagreed. The group's chief executive David Whiteley said the Fair Work Commission process provides a quality filter that prevents banks from cross-selling their products to employers. "Don't doubt A for a A moment ...

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

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... bank can make that will be in the interests of the employer. That's wrong," he said. Without the Fair Work Commission process, he said members would be worse off. "How will the member be protected from an employer being put in a position where they're ...
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