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Showing 1 - 10 of 247 results for %22Financial Sector Union%22

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... The banking sector has a few large participants and a handful of smaller, competitively differentiated banks and other financial institutions, such as building societies and credit unions, that have maintained long-term market position," Mercer principal ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to give financial services providers better visibility of the regulation that impacts their ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear deficiencies" ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... Super is introducing paid menopause leave to its employees, effective November 1. The policy allows 10 days of leave per financial year, to be used for attending appointments, treatment, or for self-care in managing symptoms of menopause. Almost one-third ...

XV Capital plots expansion, fund launch

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... assist with establishing two offshore offices. Joining XV Capital as chief operating officer and partner is former BT Financial Group head of investment research and governance Marnie McLaren, based in Sydney. McLaren was with BT for 13 years before ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... billion bad advice remediation bill represented a small fraction of its whopping $10.2 billion profit, the full-year financial results show. The total customer remediation amounted to a huge $2.6 billion in the 2023 financial year, of which the lion's ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... minister for finance and deregulation from 2007 to 2010. He has extensive experience in corporate governance and advising financial and asset managers, including as a special advisor to Lazard Australia for over 10 years. Tanner is currently a director ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... Reflecting on his role at ISA, Combet highlighted the organisation's effectiveness in advocating for fund members' financial interests and improving the superannuation system. "ISA is a highly effective peak organisation, relentless in promoting ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... agreement is passed by Congress, the ASX may see another modest rise, however, speaking on the latest episode of the Financial Standard podcast, Oliver said following that, local markets will likely get back to focusing on other issues, such as the RBA ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...
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