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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...
Financial planning
The Finance Sector Union will represent AMP staff at the firm’s annual general meeting today to hear how the firm plans to rebuild its reputation after the Royal Commissi...
Financial planning
The Financial Services Union has called for the Royal Commission to be given more time, saying that an extension is needed to uncover the full extent of misconduct in the...
Financial planning
The Financial Services Union has shown concern that “systemic and cultural problems” in the big banks have led to poor advice outcomes, following revealing evidence from ...
Financial planning
The Finance Sector Union has slammed the Commonwealth Bank of Australia for its pressure on staff to meet sales targets. ...
Financial planning
The Commonwealth Bank yesterday admitted to the Royal Commission that its home loan commission scheme was riddled with conflicts, which the Financial Services Union said ...
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 backed measures like the Sedgewick Inquiry and the Bank Executive Accountability Regime but argues that only a Royal Commission will really w...
Financial planning
The Finance Sector Union has argued for the extension of the Future of Financial Advice best interests duty to general advice....
Financial planning
A Parliamentary committee has been told the major bank levy is ‘all fizz, no pop’ and may simply provide the banks with an excuse to embark on a round of job cuts....
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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...