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Showing 1321 - 1330 of 3585 results for "Consumers"

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 ...

FASEA clarifies adviser exam rules

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... whole, offer a workable framework for how the industry will evolve into the future - for the benefit of both advisers and consumers." The Financial Planning Association of Australia (FPA) will host FASEA's Glenfield at the 2018 FPA Professionals ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... professional service objectively. Henderson did not make an appeal, the FPA said. FPA chief executive Dante De Gori commented: "Consumers actively search for FPA members when looking for financial advice because of the higher standards the FPA requires ...

Trust in advice hits record low

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... significantly less likely to recommend it post-Royal Commission, new research shows. A new survey from Investment Trends asking consumers to rate trust levels out of 10 shows trust in financial advisers has dropped from 5.1 to 4.8 out of 10 in the last ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... under the microscope following the poor behaviour brought to light during the Royal Commission," she said. "We owe it to consumers to do a better job. Today with the release of the consultation draft of the second iteration of the Code the life insurance ...

Banks must reshape to survive compliance and technology crunches

DARREN SNYDER  |  TUESDAY, 6 NOV 2018
... investment in digital and other competitive initiatives, it could impact on the level of innovation that Australian consumers and businesses are accustomed to from our banking industry. Trade-offs will inevitably need to be made," Verbeek said. The headline ...

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
... loans with the proviso customers implement financial advice from the firm. 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 ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... hourly earnings growth accelerated to 3.1% in the year to October from 2.8% in the previous month. No wonder American consumers are so happy. The Conference Board's consumer sentiment index rose to an 18-year high of 137.9 in October - same with ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
Majority of life insurance companies fear the availability of genetic testing to consumers will be more disadvantageous and complex, and will have a negative impact on their business, a new survey shows. Strategic Insights' survey of retail, direct ...