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FINANCE SECTOR UNION
Financial planning
As artificial intelligence becomes increasingly commonplace in Australia’s financial services sector, over half of workers fear it poses a threat to their job security, t...
Financial planning
The Finance Sector Union has urged any private equity deal for Insignia Financial should make wellbeing paramount for its 4,000 employees, having spent 2024 negotiating a...
Financial planning
Almost 30 staff at AMP could be affected by changes to its marketing and communications team, Money Management understands, as it makes two senior hires. ...
Financial planning
Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....
Financial planning
Insignia Financial has proposed slashing staff redundancy pay arrangements by 58 weeks, potentially making it one of the lowest in the industry. ...
People & Products
Staff at the RBA are in dispute with the central bank over working conditions and pay rises while its monetary policy board continues to hike interest rates. ...
Policy & Regulation
The big four bank has disputed claims from the Finance Sector Union that it is asking members to vote for “wage theft”....
Financial planning
There is a lack of willingness on the part of firms in the financial services sector to close the gender pay gap, despite it surpassing 20%. ...
Financial planning
In 2017 the bank had underpaid staff in pay and entitlements in relation to super due to ‘excessively complex individual employment arrangements’, according to the Financ...
Financial planning
Some of the major banks may have exited their wealth businesses but that has just meant that bank staff are now promoting the financial services products of the companies...
Financial planning
The Finance Sector Union has called for the current move to professionalisation to be extended beyond just planners, but has warned that there are issues with an industry...
Policy & Regulation
The Finance Sector Union has blasted evidence given by National Australia Bank executive, Anthony Waldron, to the Royal Commission that sales targets were to blame for ba...
Financial planning
The Finance Sector Union of Australia has attacked the National Australia Bank for failing to retrain current staff, as the bank’s program to axe 6,000 jobs begins....
Policy & Regulation
The Finance Sector Union has welcomed Kenneth Hayne’s declaration that non-disclosure and employment agreements will not gag employees before the Royal Commission, saying...
Policy & Regulation
The Finance Sector Union has called on banks to allow their employees to communicate with the Royal Commission....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...