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Showing 1241 - 1250 of 7383 results for "Consumer"

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
Corporate regulator ASIC is warning corporations that pay finfluencers to advertise products and services about potential breaches of financial advice laws. ASIC commissioner Cathie Armour said some listed companies are flocking to finfluencers for ...

Bitcoin exposure added to platform

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
... derivatives, leverage, or short selling. The minimum investment is $25,000 and has a 1.5% p.a. management fee. "With consumer demand for digital assets on the rise, Praemium has stepped forward as the first-movers to support regulated investment vehicles ...

Gwen Fletcher Memorial Award winner revealed

ELIZABETH MCARTHUR  |  TUESDAY, 9 NOV 2021
The second winner of the Gwen Fletcher Memorial Award for 2021 has been announced by the Financial Planning Association of Australia (FPA). Sydney-based financial adviser Susan Buda of Brady & Associates Financial Advisers has taken home the award. ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... are elevated and inflationary pressures continue to build. However, persistent price increases would ultimately slow consumer demand and thus, justifying central banks' chorus of the transitory nature of the current inflation surge. In addition ...

Plan For Life names insurance award winners

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
The research and analytics firm announced the winners of its 2021 Excellence Awards for insurers. NobleOak Life took out the Overall Direct Life Insurance Excellence Award for 2021, going up against TAL Life, HCF Life and MLC Life. NobleOak Life also ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
The corporate regulator released examples of Records of Advice (ROA) to provide clarity to financial advisers and licensees on their obligations when using them for clients. The information sheet, INFO 266 FAQs: Records of Advice, provides answers to ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
An unlicensed financial services firm that allegedly misappropriated $5.7 million from self-managed superannuation fund members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court ...

Advice gap spurs boom in investment media

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
The gap between those who want financial advice and those who have the means to afford it is being credited for the popularity of media companies offering investment news and tips. Investment newsletter founded by Marcus Padley Marcus Today recently ...

CFA Institute launches new ESG standard

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
CFA Institute launched the Global ESG Disclosure Standards for Investment Products, a new standard designed to facilitate more accurate evaluation of ESG investment products. The standards are voluntary and can be applied to all investment vehicles ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... products. They can be difficult to understand and compare with other products and involve long-term financial commitments. Consumer harm can and has resulted when consumers are not aware of the upfront costs, ongoing fees or the nature of their investment ...