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Showing 1181 - 1190 of 3583 results for "Consumers"

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... from the on-going US-China trade war. While current labour market stats indicate continued strong employment growth, consumers would not want to borrow for fear of losing their jobs amid the current uncertain global environment, in turn, contributing ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
... Royal Commission's recommendations. "Removing the exemption for insurance contracts from the UCT regime will ensure consumers and small businesses have the same protections regardless of which financial service or product they are purchasing," Frydenberg ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... industry 17 months to complete the change. The FPA was particularly critical of the effect the timeframe will have on consumers, saying theycould miss out because the government is "rushing" the bill and was sparse on details regarding how they will ...

TPB welcomes independent review

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... said "From the review, we hope to see law reform that strengthens our role to support and protect the public, including consumers of tax services, to ensure tax advisers act lawfully and ethically, and enhance community confidence in the integrity of ...

Ban unsolicited life insurance sales: Poll

KARREN VERGARA  |  MONDAY, 29 JUL 2019
... superannuation and insurance products should be prohibited. ASIC will act on this recommendation, aiming to protect consumers where it identifies ongoing sales issues and evidence of consumer harm. It has taken action against a number of firms that have ...

AFCA looks to expand senior ranks

KRISTI CHENG  |  FRIDAY, 26 JUL 2019
... of complaints in the aftermath of the Hayne Royal Commission; in its first six months of operations more than 35,000 consumers and small businesses raised issues with the authority.

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... Morrison Government is reviving its Consumer Data Right bill - which includes the Open Banking changes that would give consumers access to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer Josh ...

FPA launches Tinder for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
... profile includes their financial situation, life goals and location. FPA members are instantly notified that eligible consumers who match their criteria are interested in financial advice. If there's a mutual interest, clients and advisers can message ...

ASIC moves to ban direct life cold calling

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... unsolicited phone calls, in a move the corporate regulator believes will prevent the sale of complex insurance products consumers neither want, need or even understand. ASIC said it would use its modification powers in the Corporations Act to implement ...

Subscription advice brings in US $1 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... about the appeal of this pricing approach, and it's clear from these early results that we've struck a chord." "Today's consumers expect simplicity, transparency and value - and how they invest should be no different." The subscription offering from ...