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Showing 101 - 110 of 151 results for "Scams"

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... disputes." Untersteiner added AFCA also expects to see an increase in responsible lending complaints, disputes relating to scams, and a rise in business interruption insurance complaints, and additional complaints relating to early access to superannuation ...

Advisers involved in ERS scams: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... superannuation senior executive leader Jane Eccleston has written an article pointing to financial advisers as part of the problem in scams targeting people's super amid COVID-19. Eccleston said: "ASIC is concerned that some advisers may use the current ...

ERS paused as AFP investigates fraud

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
... attacks or these sorts of attempted fraud." Sukkar said the pause is to allow the ATO to help Australians not be the victim of scams. "It's very important to keep your identity, and keep your information with trusted sources, because if it gets into ...

AFP investigates ERS scams

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The Australian Federal Police are investigating a small number of scams in relation to the government's Early Release of Super scheme. The Australian Taxation Office said measures designed to protect the integrity of the early access to super scheme ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... fair and orderly operation of markets. Additionally, ASIC said it would "heighten" its support for consumers vulnerable to scams, and receiving poor advice, and added it would "identify other actions needed to support firms", including providing regulatory ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... ASIC and Marshan says he is quite hopeful regulatory relief will be provided. However, the regulator is concerned about the scams that have been popping up around the early release of super. "If they do provide regulatory relief there will be some tight ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Panicked, stressed people are making rash decisions and falling victim to scams as they navigate the economic fallout of COVID-19 - but compliance has left some financial advisers and service providers feeling hamstrung in helping. Meg Heffron, managing ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... members ensure they aren't 'locked out of their account by the new rules'. An ACCC spokesperson told Financial Standard the scams have increased since the government announced Australians suffering financial stress as a result of the economic impacts ...

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... to its website, $56 billion industry fund Cbus said "there have been a number of reports of an overall increased level of scams as a result of anxieties around COVID-19." "Please note that Cbus will never email or text message you requesting personal ...

Short seller bites the dust

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday. Texas-based Bonitas Research previously alleged Rural Funds Group (ASX: RFF) was overstating ...