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Showing 1351 - 1360 of 7378 results for "Consumer"

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
The government on Friday released the draft legislation for the Financial Accountability Regime (FAR) which will apply to superannuation funds and insurers. The FAR extends the Banking Executive Accountability Regime (BEAR) which has applied to banks ...

NGS Super awards $150m small caps mandate

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... from inception to June end. It invests in both developed and emerging countries, with current sector favorites including consumer discretionary, information technology and industrials. About 59% of the fund is invested in US listed stocks. Kansas headquartered ...

Bank rebound buoys Aussie equities funds

ELIZABETH MCARTHUR  |  MONDAY, 19 JUL 2021
... materials," Mercer head of portfolio management Ronan McCabe said. "Cyclical stocks in the financials, materials and consumer discretionary sectors typically outperform the market as they are able to benefit from the upswing in earnings and profitability. ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... to a reading of +24 in June from +36 in May, with trading, profitability and employment recording sharp declines. But consumer confidence told a different story. The Westpac-Melbourne Institute index of consumer sentiment went up by 1.5% to 108.8 in ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... government announced exemptions for the insurance industry in relation to Royal Commission reforms. According to the Consumer Action Law Centre, these exemptions allow the insurance industry to side-step the Royal Commission recommendations and are to ...

OnePath to remediate over pressure selling

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... "For over three years now, ASIC has pursued enforcement, regulatory and remediation action to tackle misconduct and stem consumer harm in the direct life insurance market. ASIC has delivered deterrence through court action, disruption and improvement ...

SelfWealth to add crypto trading

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
SelfWealth is responding to the booming interest in cryptocurrency investing by adding a crypto exchange to its platform. SelfWealth chief executive Cath Whitaker said retail investors would be able to buy and sell popular cryptocurrencies in real-time ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... measures, rent reductions and short-term life insurance premium waivers. As a result, many are riding a wave of positive consumer sentiment and increased demand," he said.." More than half (56%) of advisers experienced higher client engagement in the ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... October and 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. Templates are available for life insurance; income protection ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... annual product statements, and clients have the right to terminate fees at any time. "There are already multiple layers of consumer protection," Anderson said. "The bottom line is that financial advisers are professionals, subject to high standards ...