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Showing 1 - 10 of 3275 results for "Consumers"

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... stance on advice." "We see them as accountable through members and we want them to see their members as customers and consumers," Constant said. She reinforced that the report, which identified concerning practices, is not ASIC taking a view on advice. ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... effective and efficient outcomes." The CSLR began operation last month. Its role is to provide compensation to eligible consumers, where the consumer has a determination issued by AFCA, the financial firm has not paid the consumer in full in accordance ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... whether they require an AFSL. "Even if they do not require a licence, they must ensure any representations they make to consumers are accurate and balanced. If the representations they make to consumers - including around the adequacy of the client's ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... reforms through Parliament. FSC chief executive Blake Briggs said: "Digital advice offers new and exciting ways for consumers to access high quality, affordable financial advice. The massive opportunity to deliver financial advice digitally is confronted ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... purchase goods and services from an increasing number of Qoin merchants, when in fact it was declining. BPS also misled consumers by asserting that Qoin tokens could be easily exchanged for other cryptocurrency or traditional currency through independent ...

ASIC issues warning over scammers using fake AFSLs

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... advertisements and social media to promote fake bond and term deposit investment offers in well-known companies. The ads lead consumers to an online enquiry form which scammers use to collect personal information, such as their name, email address, and ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... around, stapling, etc., that, probably on the back of their employer organisation being one of the most trusted brands consumers have, employees actually often look to employers to provide options around things like their superannuation, and we find ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market. All members will see annual administration fee go from 0.35% to 0.33% per year and the admin fee cap lower from ...

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... research Irene Guiamatsia said. The report also revealed that a robust brand reputation is the foremost consideration for consumers when selecting a life insurance provider, ahead of advisory services and premium costs. Notably, 20% of policyholders ...

Future Fund posts 10.1% annual return, surpassing benchmark

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... "good shape," better than expected from last year, largely due to the strength of the US economy and the adjustments of consumers and business to higher inflation and interest rates. "Markets have priced in this economic resilience and expectations of ...
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