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Showing 1061 - 1070 of 7472 results for "Consumer"

4.3m Australians invest responsibly: Report

CASSANDRA BALDINI  |  MONDAY, 24 OCT 2022
One in five Australians over the age of 18 hold responsible investments in their portfolio, representing approximately 4.3 million people. Netwealth's Investing for good report shows that 22% of Australians are investing responsibly and the figure is ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
ASIC has placed an interim stop order on the distribution of Westlawn Financial Services' income fund, due to non-compliant target market determinations (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
Members of funds that failed the inaugural Your Future, Your Super (YFYS) performance test aren't leaving, with new modelling showing just 10% have found a new fund. According to Industry Super Australia (ISA) analysis, only 10% of members switched ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
According to research commissioned by the Financial Services Council (FSC), the introduction of a scalable advice model for life insurance would see more than a million Australians have the life insurance cover they need. Research by NMG Consulting ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... impact on more than 15 million Australians that are saving for their retirement through superannuation by undermining consumer confidence in the objective of the system." The FSC modelling also examined three measures that generated tax receipt reductions ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... he said. "A regulated approach to investment product and superannuation fund research and delivery, together with the consumer protection measures noted in the QAR review recommendations, will afford consumers, and their advisers, stronger protections ...

Mayfair 101 bids for High Court appeal

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
... to have engaged in misleading or deceptive conduct for saying there was no risk of a breakdown", is false. Informing a consumer that all cars carry a risk of breakdown in the ordinary course may well be misleading if the car being sold is a lemon with ...

UBS picks new head of investment research

CASSANDRA BALDINI  |  THURSDAY, 13 OCT 2022
... Curley will be supported by UBS head of macro research and chief economist George Tharenou, executive director retail and consumer analyst Shaun Cousins and APAC business manager equities research Leuan Albury. "His market experience and strong people ...

AFSL boss banned by ASIC

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
ASIC imposed banning orders on Quantum Funds Management managing director Peter Gribble for failing to pay $2.5 million in Australian Financial Complaints Authority determinations. Gribble is banned from controlling a financial services business or ...