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Showing 111 - 120 of 137 results for "Consumer Protections"

Hockey launches Serious Financial Crime Taskforce

LAURA MILLAN | TUESDAY, 5 MAY 2015

... Trustees (AIST) welcomed the Treasurer's announcement. Chief executive Tom Garcia said that "it's important that consumer protections are underpinned by a strong investigative body that will investigate and prosecute those committing superannuation frauds ...

UK pension funds required to warn consumers

STAFF WRITER | WEDNESDAY, 28 JAN 2015

... complex product information and enticed to select inappropriate products, the government has included a raft of consumer protections. A statement from the FCA said: "Under these protection rules firms will be required to ask consumers about key aspects ...

Government repeals Palmer FoFA changes

LAURA MILLAN | WEDNESDAY, 17 DEC 2014

... changes put forward were already a requirement, and therefore a duplication. To this end, the appropriate consumer protections remain in place." The Association of Financial Advisers (AFA) chief executive Brad Fox said: "We welcome these two developments ...

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN | MONDAY, 8 DEC 2014

... that "the Murray Inquiry recommendations are a big warning sign to the government on their pursuit of weaker consumer protections in the financial advice sector." He added that "the best way of getting to the bottom of these failures and driving change ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN | THURSDAY, 2 OCT 2014

... quality financial advice by removing unnecessary and costly red tape, while maintaining all the important consumer protections that matter for consumers. "Our goal as a Government remains to ensure we have a robust but efficient financial services regulatory ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN | TUESDAY, 23 SEP 2014

... Greens' Senator Peter Wish-Wilson tabled a second dissenting report arguing that the FSI is also looking at "consumer protections in the financial industry." "It is reasonable that this legislation should not be brought to Parliament until David Murray ...

Advisers must attend ethics classes, say ISA and AIST

JAMES FERNYHOUGH | WEDNESDAY, 10 SEP 2014

... the financial advice industry is in tatters. Improved educational standards are important, but iron-clad consumer protections that remove conflicts of interest are the foundation for community trust." AIST chief executive Tom Garcia, who worked in financial ...

ISA targets 'sales incentives' in new ad campaign

JAMES FERNYHOUGH | MONDAY, 1 SEP 2014

... planning scandals at two prominent banks, the banks have successfully lobbied the Government to water down consumer protections in financial advice, including the requirement for financial advisers to act in their client's best interests and to bring ...

Labor, Greens will "keep fighting" after FoFA backflip

LAURA MILLAN | WEDNESDAY, 16 JUL 2014

... that the most viable option would be "if the crossbenchers had a change of heart and realised that weakening consumer protections does not help Australians." He added that "it's too early to say" what would happen if PUP senators and Muir didn't change ...

FoFA disallowance vote will save "millions"

ALICE URIBE | TUESDAY, 15 JUL 2014

... consumers." The Association of Financial Advisers (AFA) agreed and said that the amendments would increase consumer protections. "The prospect of having the FoFA Amendments regulations disallowed in the Senate, as a result of a vigorous campaign of misinformation ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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