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Showing 1011 - 1020 of 3582 results for "Consumers"

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... The AIOFP thinks mortgage brokers achieved a better outcome for their businesses and commissions by going straight to consumers via their client base with a clear message that if banks have less commission, consumers pay more. In a white paper touching ...

Oil tanks

BENJAMIN ONG  |  TUESDAY, 21 APR 2020
... circumstances, the drop in oil prices would have been a boon. Lower oil prices raise household disposable income. But not when consumers are required to stay home so as to control the spread of the coronavirus infection. Lower oil prices reduce businesses' ...

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... for an interim injunction at the beginning of April this year. Mayfair's use of Google Ad Words meant that when consumers searched for term deposits, bank term deposit, term deposit alternative or term investment Mayfair debenture products would ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... and registered tax agents also recently won a battle for regulatory relief from the government in order to better help consumers work out which stimulus measures they qualify for and whether they should access superannuation early. To assist the provision ...

AFCA extends complaints response time

ALLY SELBY  |  THURSDAY, 16 APR 2020
The Australian Financial Complaints Authority (AFCA) will provide a nine-day extension to consumers, small businesses and financial services firms to respond to complaints amid the COVID-19 crisis. The change comes into effect immediately and will apply ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... order to ensure the fair and orderly operation of markets. Additionally, ASIC said it would "heighten" its support for consumers vulnerable to scams, and receiving poor advice, and added it would "identify other actions needed to support firms", including ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... life insurance advice, ASIC said advisers should be cautious about recommending replacement cover to clients as most consumers that currently hold retail policies would be covered for pandemics. The warning came on the back of work ASIC is conducting ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... recovery will be U-shaped over the long term. "There is likely to be a V-shaped element to the recovery, when global consumers eventually emerge from their bunkers," Lafferty said. "This sharp rebound will be short lived - perhaps a few weeks to a month ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... solutions to the super sector's alleged lack of liquidity make headlines. University of Melbourne professor and Super Consumers Australia director Kevin Davis recently suggested super funds should consider borrowing from the RBA in an arrangement ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
As consumers saw their superannuation balances nosedive when the COVID-19 pandemic began wreaking havoc on the market, many were surprised to learn their retirement savings weren't quite as safe as they thought, reigniting the debate around 'balanced' ...