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Showing 91 - 100 of 6797 results for "Consumer"

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... much impact on reducing unnecessary processes, paperwork, and compliance steps. "Rather than fixing the red tape to get consumer costs down, the government appears to be handing back to institutions the right to hire minimally qualified salespeople ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... provided under a single uniform quality standard, while additional guardrails will be implemented to establish strong consumer protections for the new advisers. This includes imposing extra obligations on AFSLs and enacting legislated minimum competency ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... technologies continuing to evolve, often involving triaging or providing initial guidance and advice before passing the consumer on to a personal advice provider, according to their needs and preferences," it said. "There is also a role for tools and ...

Commercial property likely to recover in 2024: Insights

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... 'non-inflationary consistent expansion' - conditions have prevailed locally for many years, however Burston said consumer expectations are now shifting with higher bond yields signalling that rates will not return to levels seen pre-2021 any ...

Link names retirement, super product lead

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... prior management experience in the new role by leading the business' product, platform and solutions roadmap, applying consumer and client insights to meet the evolving needs of the retirement market globally," Link Group said. Prior to Moneysoft in ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
The Consumer Price Index (CPI) dropped faster than economists anticipated, coming in at 4.9% in October, a decline from 5.6% in September. The Australian Bureau of Statistics (ABS) said the decline represents the third consecutive quarter of lower annual ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... prudentially supervised groups, which assess risk on a group-wide basis. The FCA is actively consulting with industry and consumer groups, following over 250 responses to earlier consultations on Consumer Investment Markets and the Compensation Framework ...

Aussie fintech growth counteracted by local challenges: EY

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
... embracing new business models and technology to improve financial services accessibility and literacy, meet changing consumer expectations, and solve evolving financial services challenges," he said.

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
Treasury is calling for feedback on the use of genetic testing in life insurance underwriting, citing concerns the existing moratorium is ineffective, negatively impacting medical research efforts, and a lack of compliance from insurers. The government's ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... services, Mercer is a substantial player in the Australian market for financial services. "... market efficiency, upon which consumer confidence rests, relies on reliability, good faith, fairness and honesty of conduct. These obligations are of fundamental ...