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Showing 1271 - 1280 of 7383 results for "Consumer"

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
... years, investment opacity and compulsion, stemming from the mandated nature of superannuation, has allowed for widespread consumer disengagement - and mission creep from funds. " She identified these points as the main drivers of inefficiency and structural ...

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... increase protection for up to 275,300 consumers who could be reclassified as retail clients and therefore brought into the consumer protection framework for financial advice, which is a change long sought by consumer advocates. This would raise the threshold ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... demarcation. There's no "stag". However, there is a risk that inflation becomes more enduring. Higher prices would constrain consumer spending that would be constricted even more when central banks are forced into aggressive policy tightening to ...

Advice on ageing key to future success: CFPs

JAMIE WILLIAMSON  |  THURSDAY, 7 OCT 2021
... demand will grow in the next five years, largely driven by those preparing for retirement (61%) and increased levels of consumer awareness of the value of financial advice (56%). The survey shows 69% of CFPs think retirement security will be the main ...

Employers unaware of YFYS, stapling: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
... Your Super reforms - including stapling - mean and how to comply, according to new research. The study, commissioned by consumer experience consultancy CSBA and Fund Executives Association Limited (FEAL) in partnership with Melbourne Business School ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The energy sector remains the only undervalued area of the Australian equity market while consumer cyclical is the most overvalued, according to Morningstar. The research house's latest equity market outlook for Q4 2021 revealed Woodside Petroleum ...

Big four bank complaints drop

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The number of consumer complaints received in relation to the big four banks has fallen over the last financial year, the Australian Financial Complaints Authority (AFCA) said. Complaints about Westpac, ANZ, NAB and Commonwealth Bank fell 7% out of ...

Industry calls for expanded CSLR

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
Professional associations and consumer groups have banded together to lobby for a stronger compensation scheme of last resort ahead of its expected legislation in the coming weeks. The Financial Planning Association of Australia, Association of Financial ...

Economic recap: Week to October 1

BENJAMIN ONG  |  MONDAY, 4 OCT 2021
The COVID-19 pandemic - and the freezing of nearly all economic activity it brought about -- was godsend to climate change activists. Recall those pictures of those bright, bright, sun-shiny days underscored by a CNN article (published last year) that ...

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
The Association of Independently Owned Finance Professionals is calling on lawmakers to delay two major financial advice reforms until 2022 by launching an online petition. The AIOFP is seeking to delay the Design and Distribution Obligations and consent ...