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Showing 1311 - 1320 of 3583 results for "Consumers"

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
... costs are manageable for all customers," he said. "We believe the policy serves to balance the interests of Australian consumers with the interests of the genetics research community and the sustainability of the life insurance industry." The survey ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
... to combat misconduct in the financial services industry and across all corporations for the protection of Australian consumers. ASIC has received about $70.1 million in additional funding to support its new strategic direction, enhancing its ability ...

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... licenses were cancelled on November 19, ASIC said recently in a release. Financial Circle offered personal loans to consumers of up to $5000. However, they could only be availed if the customer agreed to receive and act on financial advice from the firm. ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... "Constant erosions to the legislation and for-profit super providers being let off the hook has been at an enormous cost to consumers who are effectively left to fend for themselves," Scheerlinck said. "All sorts of arguments have been put up by the ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... trustees, insurers, regulators, external dispute resolution bodies, consumer groups and industry bodies. But Orr singled out consumers who came forward to give evidence about their experiences. "I would particularly like to thank this last group of witnesses ...

Advice group rebuilds following regulatory headwinds

DARREN SNYDER  |  MONDAY, 26 NOV 2018
... 50 financial advisers to its recently acquired dealer group Wealth Today, taking it above the 100-adviser milestone. "Consumers will -for several years to come - now both consciously and sub-consciously seek out independent financial advisers, those ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton has admitted the corporate regulator was too reliant on negotiating resolutions with financial services firms and flagged litigation could take precedence, the Royal Commission heard. Shipton told counsel assisting Rowena Orr ...

Read the whole thing: FASEA

JAMIE WILLIAMSON  |  THURSDAY, 22 NOV 2018
... represents a practical and workable solution, Glenfield said. "Importantly, we believe the standards address the interests of consumers of financial advice. We equally believe the standards are achievable for financial advisers and are consistent with ...

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
Life insurers should be banned from asking consumers if they have undertaken a genetic test, Financial Standard 's latest readership survey reveals. The majority (62%) of readers said they "agree" or "strongly agree" that life insurers should stop asking ...

Code of ethics still the main game: FPA

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... work outside these major industry movements. This included enshrining the term financial planner and adviser - "so if consumers go to someone who calls themselves a planner or adviser, then it is known these professions are operating under disclosure ...