Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1121 - 1130 of 3582 results for "Consumers"

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
New research from Qantas Super shows superannuation fund members place about as much trust in their fund to act in their best interests as they do the big banks. According to Qantas Super, 60% of Australians trust their super fund to act in their best ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... the full court, which provides clarity and certainty concerning the difference between general and personal advice for consumers and financial services providers," the regulator said in the response. Westpac said it is "carefully considering" the judgment. ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... just producing diminishing returns but they're also raising the level of pessimism among Australian businesses and consumers. Why would the RBA ponder zero and QE otherwise? Latest business and consumer sentiment surveys are down and the IMF has ...

ASIC bans former Fitzpatricks employee

ELIZA BAVIN  |  MONDAY, 28 OCT 2019
... [Radke's] conduct involved ongoing dishonestly and, in the interests of promoting confidence and informed participation by consumers, decided she should be permanently excluded from the financial services industry. The regulator added that Radke was ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... the removal of grandfathered revenue. The UFAA maintains that removing commissions will have negative consequences for consumers. "The experience in other countries is that properly managed and reasonably set commissions creates a sustainable industry ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... recommendations are to improve advice quality, address conflicts of interest and boost transparency to ensure a better deal for consumers then I don't see how restricted APLs can co-exist in the new regulatory environment," Morris said. "APLs are ...

AllianceBernstein boss lands FSC directorship

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
... important the financial services industry has the strength to face tomorrow's challenges and have the tools to ensure consumers are at the heart of every business decision," Driscoll said.

Dealer group shuts after advisers depart

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... if or when the incoming adviser numbers will outweigh the outgoing adviser numbers. This is a potential risk for all consumers."

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... representatives Plenty Wealth, Plenty Plus and Lime Wealth as digital advice providers authorised to provide financial advice to consumers. Plenty Wealth was an online tool with a focus on budgeting, life insurance reviews, tax and investment and superannuation ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... for all other TPD claims," the report said. ASIC also warned that poor claims handling processes contributed to some consumers withdrawing their claims and insurers lacked clear key claims data to help them effectively manage the risk of consumer harm. ...