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Showing 91 - 100 of 3574 results for "Consumers"

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN | FRIDAY, 10 OCT 2025

... government to look at options for law reform in this area," he said. "We are coordinating with AFCA to provide guidance for consumers with complaints against financial firms, particularly those in liquidation, and superannuation trustees."

ASIC slams licensees' lax offshoring governance

KARREN VERGARA | FRIDAY, 10 OCT 2025

... supervise outsourced functions could result in the licensee failing to meet its legal obligations and cause harm to consumers. The more critical the outsourced function, the greater the risks involved. The risks can be exacerbated when there is inadequate ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI | THURSDAY, 9 OCT 2025

... experience is that simpler regulation enhances both compliance and our ability to take enforcement action. It's good for consumers, investors and businesses," Longo said. "At last year's ASIC Annual Forum, I announced the establishment of the ASIC Simplification ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON | TUESDAY, 7 OCT 2025

... undertaken to ensure our regulatory system remains fit-for-purpose and that ASIC has the appropriate powers to better protect consumers." APRA said super investments via platforms are seeing significant growth, rising 14.5% in the 12 months to June end. ...

Vast majority of advised Australians "tangibly" better off: FAAA

RIDDHIMA TALWANI | THURSDAY, 2 OCT 2025

... geopolitical uncertainty, with 81% feeling that their adviser's value increases during these periods. "Nearly all advised consumers say their financial adviser has made them tangibly better off financially, proving that financial advice is not too expensive ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN | WEDNESDAY, 1 OCT 2025

... Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. The latest update provides data on complaints made within the period of 1 July 2024 to 30 June ...

Perpetual dumps 23m Myer shares

ELIZA BAVIN | FRIDAY, 26 SEP 2025

... category perspective, womenswear and home categories have shown particular strength," Myer said. "However, Australian consumers continue to exercise caution in discretionary spending and the retail environment in New Zealand remains subdued."

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI | FRIDAY, 26 SEP 2025

... Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership in May ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON | THURSDAY, 25 SEP 2025

... ban, following in the footsteps of the likes of Canada, the UK, and New Zealand. The aim is to provide certainty to consumers that undertaking genetic testing, including when participating in medical research, will not impact their eligibility for life ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI | THURSDAY, 25 SEP 2025

... misleading and deceptive conduct and unfair contract terms. They must also provide greater transparency for the market and consumers. Under the proposed laws, entities can be penalised upwards of $16.5 million or 10% of annual turnover for breaching ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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