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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....
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
The bank has announced it will cut 550 jobs and create 180 new jobs but the Finance Sector Union says this will not guarantee employees made redundant will be redeployed ...
Policy & Regulation
The Finance Sector Union of Australia is asking NAB employees to assist in the audit of their pay, to correct the bank’s failure to remunerate staff....
Financial planning
ANZ staff have filed complaints of unfair treatment with the union as the bank is demanding they take leave during the COVID-19 shutdown, despite banks being classified a...
Financial planning
The Finance Sector Union has accused AMP Limited of treating its financial advisers poorly amid the company’s confirmation of salary improvements for its chief executive,...
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
Westpac has decided it will not offshore 16 personal banking service centre jobs to Manila....
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...
Financial planning
FSU national secretary Julia Angrisano has slammed NAB as being “breathtaking” in its hypocrisy, following reported admissions that its CEO breached its policies with lit...
Financial planning
The Financial Services Union has called on the Royal Commission to look more closely at NAB’s remuneration structures, saying it should look more closely at the “heart of...
Financial planning
As the financial services industry increasingly professionalises, the Financial Services Institute of Australasia has launched its first internationally-recognised profes...
Policy & Regulation
The manipulation of youth bank accounts by CBA staff shows that the dominant culture within Australian banks is rotten and must be overhauled, according to the Finance Se...
Policy & Regulation
The Finance Sector Union is arguing that the existing financial services regulatory regime has been found wonting and that the Royal Commission needs to recommend impleme...
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....