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Showing 81 - 90 of 3280 results for "Consumers"

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... Life). In June, Gen Life commissioned global research company Censuswide to conduct a study of 2000 adult Australian consumers to gain both quantitative and qualitative insights into what legacy means to them, their financial goals, the financial vehicles ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... the letter, the Financial Conduct Authority's director of consumer investments Lucy Castledine outlined "key harms" to consumers the regulator has identified across platforms. First, she said fees and charges may not represent fair value, "especially ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... proud of the work the FSC has undertaken to deliver the Life Code, and the positive impact it has had on life insurance consumers. The latest version of the Life Code was effective July 1, and expands on the important work completed by the FSC when the ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... Betashares is set to acquire Bendigo and Adelaide Bank's superannuation business, in a move labelled great news for consumers. The ETF provider will buy Bendigo Superannuation, taking on its $1.4 billion in funds under administration and more than ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... product to those offered by various banks. ASIC explained that in this time, Bobbob made representation that may have led consumers to believe the crypto-asset linked investment product was approved or licensed by the regulator. Further, that the product ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... licensees to align their remediation practices with the standards. "Getting remediation wrong is very costly - costly to consumers who bear the burden of a financial firm's mistakes, but also very costly for firms who have to re-do remediations and repair ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... products will continue to be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers." "ASIC's action should be a reminder of the importance to comply with the design and distribution obligations so that financial ...

Younger Aussies want advice but don't know how to get it: CFS

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... don't know what questions to ask. CFS further revealed there is an even stronger demand for digital advice among younger consumers. Two-thirds of Australians under 40 (63%) are open to a digital advice solution, including one in four who have used one ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... highlighted "maturity" as a theme in this year's report. "I think it's important to dig deeper on that and the fact that consumers are still concerned with greenwashing, it's really important that you have those pillars in place where you are differentiating ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... further RBA increases later in the year is still a looming threat. "We are now nearing the end of the hiking cycle, but consumers have no cause to cheer yet," he warned. "While many, especially homeowners, will welcome today's decision, the reality is ...