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Showing 1171 - 1180 of 7378 results for "Consumer"

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
RI Advice was slapped with a $6 million penalty for failing to keep tabs on a representative who invested clients' money in risky and complex financial products. The Federal Court found that RI Advice failed to take the appropriate steps to ensure ...

FPA calls for stronger experience pathway

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... in 10 years' time. "While experience is an important factor in competence to provide a professional service to a consumer, education is also universally identified as a key component of professional competence," she said. "We cannot return to the ...

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
The Consumer Action Law Centre has concerns that the Quality of Advice Review draft terms of references forget Commissioner Hayne's findings on conflicted remuneration. In the centre's submission on the review's draft terms of references, it argued ...

BetaShares adds e-commerce ETF to thematic range

CHLOE WALKER  |  THURSDAY, 3 FEB 2022
BetaShare s has announced the addition of the BetaShares Online Retail and E-Commerce ETF (IBUY) to its leading range of thematic funds. The BetaShares Online Retail and E-Commerce ETF (IBUY) will be an Australian-first, providing exposure to up to ...

HESTA impact lead goes it alone

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
HESTA's head of impact Mary Delahunty has established her own consultancy firm focused on authenticity in ESG. Seven Advisory is Delahunty's new venture, leaving behind her role at the $66 billion industry fund after almost four years. In a ...

ClearView welcomes chief risk officer

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... group risk and compliance team, reporting to managing director Simon Swanson. Reece said: "Initiatives to strengthen consumer protections and continuously improve systems and processes are front of mind at ClearView, and I look forward to supporting ...

NSW small businesses offered support

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... program is for the month of February and businesses can apply from mid-February. Commenting, Westpac chief executive of consumer and business banking Chris de Bruin said: "The NSW government's support package will provide a welcome boost for businesses ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... cryptocurrency this year. Nearly one in three Millennials (29%) plan to invest in it the coming 12 months. Finder head of consumer research Graham Cooke said removing fees will lower the barrier to entry for those curious about investing in digital currency. ...

Economists expect a rate rise: Finder

CHLOE WALKER  |  MONDAY, 31 JAN 2022
... rise this year. Just one in five experts (19%) expect it to happen in the first half of the year. Graham Cooke, head of consumer research at Finder, said there has been a seismic shift in expectations of a rate rise in 2022. "A rate rise this year has ...

Stake offers $0 ASX brokerage

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
Investment platform Stake will offer its users $0 brokerage on ASX trades, but only if they refer other users. For each person a customer refers, their brokerage drops by $1 for one year. With brokerage currently at $3, three referrals can get customers ...