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Showing 1041 - 1050 of 3582 results for "Consumers"

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... showing that household spending fell for a fourth straight month (-3.9% year-on-year) in January indicate that Japanese consumers have been tightening their purse strings even before the coronavirus scare became full-blown. There goes the BOJ's oft-repeated ...

Clime launches new SMA portfolios

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... professional financial advice. It's a big market; one that has changed dramatically following the Royal Commission, with consumers less likely to seek advice due to a breakdown in trust and an increase in fees. Clime got into the wealth advice industry ...

Regulator clamps down on misleading ESG fund names

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... potentially misleading fund names. ESG, responsible and ethical funds are under the spotlight as the SEC seeks to protect consumers from marketing and ensure that funds are really doing what they claim they are. "This request for comment is another important ...

Aussie at center of international scheme

ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
... elderly out of millions. Matthew Lloyd McPhee ran a scheme known as My Online Business Education (MOBE). It promised consumers financial freedom via a 21-step program so investors could run their own online marketing business. An ongoing investigation ...

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
... those who oppose the move. The FPA is arguing that it will create two classes of super and take away the ability for consumers to choose where they get advice and how they pay for it. FPA chief executive Dante De Gori said that the argument that MySuper ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Super Consumers Australia (SCA) has taken a stance against industry-created retirement models, saying Australians deserve realistic retirement income standards. In its submission to the Retirement Income Review (RIR) SCA said existing models pushed ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... appear to be making the greatest effort for customers who speak English as a second language, however 38% of multilingual consumers still believe banks do not meet expectations or factor in multiple languages in their customer service." The poor results ...

Consumers trust Google over advisers: NobleOak

ALLY SELBY  |  TUESDAY, 25 FEB 2020
New research by independent life insurer NobleOak has found close to half of all consumers are turning to the internet over advisers for guidance on their financial goals and needs. It points to the digital revolution and fallout from the Royal Commission ...

Stability needed: Maroney

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
... advice industry he does think that the upheaval will result in a more professional industry and better outcomes for consumers. "I believe that the emerging advice framework is one in which SMSF specialists can flourish," he said. In the "brave new world" ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... Australia's mortgage brokers. From July 1 this year, mortgage brokers will be legally required to act in the best interests of consumers and to prioritise their clients when providing credit assistance. Following recommendations from the Hayne Royal ...