Is the hiss just when the volume is off, and you are close to the speakers (I can hear some hiss when less than 0.5m from the speakers, but every amp that I have owned does this)?
If it is louder than this, and it's getting in the way of the music (like a tape deck without dolby), then I'm with Thaiman in that you need to get it looked at.
Does it go away with the CD player off?