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Showing 1301 - 1310 of 7378 results for "Consumer"

Funds will have to guide members on SRM, LTRM

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
Can consumers, even informed ones, tell the difference between standard risk measure (SRM) and long-term risk measure (LTRM) labels? That's a question put to Chant West general manager Ian Fryer and Aware Super manager for actuarial practice Estelle ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
At the AIST's annual investment conference, APRA general manager superannuation Katrina Ellis was asked if the regulator is keen on transparency, why it didn't publish the quantum by which MySuper products passed or failed the inaugural YFYS ...

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... choice about superannuation when they read the performance test results. Sinnewe discussed the behavioural aspects of consumer choices, especially when they receive a letter from their superannuation fund saying it failed a recent performance test. Whether ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... social license of the responsible investment industry, and there is also a small risk that they could break Australian consumer law, which doesn't explicitly cover the financial services sector but can be taken across that." The report shows that just ...

Crypto platform hires former Spaceship growth lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... Josh, Colton and Anna to be pivotal in us shifting gears. What these three have in common is a track record of growing consumer fintech brands into household names through clever and extremely effective marketing efforts." Bamboo is looking to launch ...

ASIC red tape unit welcomed

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... "The implementation of the government's stewardship approach - focussed on minimising regulatory burden while preserving consumer protections - provides a model for other regulators." ASIC along with other regulators are under government scrutiny in ...

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference, a panel of economic experts shared very different views on the outlook for inflation. J.P. Morgan Asset Management chief market strategist Karen Ward argued ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... month. APRA notified failing funds yesterday, before publishing the results more widely today. ASFA responds, advises consumer caution Association of Superannuation Funds of Australia (ASFA) chief executive Martin Fahy said while the orderly removal ...

Iress integrates DDO with Xplan

ANNABELLE DICKSON  |  MONDAY, 30 AUG 2021
... obligations aims to help consumers obtain appropriate financial products by requiring issuers and distributors to have a "consumer-centric approach" to the design and distribution of products. Product issuers must design financial products in a targeted ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... taking action on a shortcoming or identifying a merger opportunity. ( UPDATE: After this article was published Super Consumer Australia updated its findings, reducing the sub-sample of underperforming funds from 17 to 14. Local Government Super (now ...