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Showing 1291 - 1300 of 3584 results for "Consumers"

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... banking sector," Frydenberg said. He also said Volt Bank proves APRA reforms are "a game changer when it comes to how consumers leverage their data to obtain more tailored products and services and have more information to make better choices." Volt ...

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
... 10, is that with market fluctuations they are subject to regular changes or re-ranking," Morris said. "This means that consumers may choose the top fund one day only to have it slide down the ranking. We have seen this happen with our satisfaction ratings ...

ASIC cracks down on non-compliant AFSL

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... arrangements in place to ensure that their representatives comply with the law when providing financial product advice to consumers," the regulator said. "In particular, ASIC expects advice licensees to have robust audit processes in place. They should ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... from the direct economic impact from these various issues on the economy, the indirect effect meant that half of all consumers believed that these events would have a negative impact on Trump's ability to focus on economic growth. "While the January ...

3.5 million Aussies give financial advice to friends and family: Roy Morgan

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... advisers" for about six million people. Last week the research house revealed a face-to-face survey of more than 50,000 consumers which showed how many Australians are asking those close to them to advise on their financial matters. The researcher said ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... previous month. Core CPI inflation eased to 0.9% from 1% in October. Should inflation continue to decelerate, Japanese consumers would instead save their increased pay as they defer spending in anticipation of lower prices in the future. However, with ...

AFSL super options under the lens

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... the term 'general advice' defined under the Future of Financial Advice legislation. "This term has led many consumers to think they are receiving advice relevant to their personal situation when they are only being provided with product information ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
... operate largely shielded from competition and protected because of government compulsion that makes its unlawful for consumers to not buy its products. While the PC acknowledges previous governments have intervened in the market addressing areas such ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... of net returns is something ISA has consistently called for but came to no avail, it said. The current system means consumers may be misled into believing such products are less expensive than those with direct investments, when in fact they are likely ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...