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Showing 1161 - 1170 of 3583 results for "Consumers"

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... advisers adhere to one code of ethics, and are overseen by one code monitoring body that helps deliver the protections consumers expect and that advisers are obliged to adhere to," FSC chief executive Sally Loane said. "Ongoing changes to the regulatory ...

Industry Fund Services adopts regtech solution

KRISTI CHENG  |  FRIDAY, 13 SEP 2019
... members can trust." It designs solutions to improve financial advice compliance and oversight of best interest duty for consumers. "Advice RegTech is excited to support an organisation that shares a similar vision to improve outcomes for consumers, and ...

Expert hopeful ASIC understands MDA benefits

HARRISON WORLEY  |  THURSDAY, 12 SEP 2019
... flexibility in meeting a need that the SMA structure doesn't, and I'm presuming ASIC can see the benefit of that to consumers," Sanders said. "And, you know, there's no reason to believe that will change."

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... powers provided to ASIC are enabling early intervention on what we believe are matters of potential significant harm to consumers." The update also includes details of ASIC's close and continuous monitoring program which has seen ASIC staff on-site ...

Senate creates committee on fintech, regtech

KRISTI CHENG  |  THURSDAY, 12 SEP 2019
... and future trends. It will examine the "size and scope" of the opportunity fintech and regtech may give for Australian consumers and business; barriers to the uptake of new technologies in the financial sector; and the progress in reforming fintech facilitation ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... 1 July this year. But as September Westpac-Melbourne Institute consumer sentiment survey revealed: "Just over 16% of consumers reported receiving a payment. We estimate that around 30% of households are likely to receive a meaningful rebate so this survey ...

Priced out: Advice affordability at risk

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... recent and ongoing reforms designed to lift conduct standards for advisers are likely to also increase the direct cost to consumers." "There is reason to question whether viable business models will evolve that will provide broad affordable access to ...

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... planning. However, as it outlined in its Financial Advice within Superannuation Funds report this year, the firm notes consumers don't want to pay more than $500 for advice, including comprehensive financial plans. As a result, pressure is increasing ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... Canberra (up 1.2% from up 1.1%). Here's to hoping to "see support for household income" that, in turn, encourages consumers to spend and lift the domestic economy. However, latest data show that retail sales remain weak - 2.4% in the year to July ...

Publisher slammed for Future Fund claim

HARRISON WORLEY  |  MONDAY, 2 SEP 2019
... pay a $600,000 penalty by the Federal Court after it found the company made misleading and deceptive statements that consumers could mimic the performance of the Future Fund through a series of investments in listed investment companies and exchange ...