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Showing 1371 - 1380 of 3583 results for "Consumers"

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... has been labelled "gratuitous" by an industry body which says a better code of practice is already in place to protect consumers. The Consumer Owned Banking Association said the consumers that the ABA wants to bring into the fold with its new code are ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
Another month, another strong US labour market report. The time before US President Donald Trump would have had consumers, businesses and investors everywhere dancing in the streets and singing hallelujah. This is due to the rationale that the US economy's ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... the same standards to ensure industry consistency. The Customer Owned Banking Association (COBA) fired back, saying consumers already had strong protection under the Customer Owned Banking Code of Practice (COBCOP). "We are really pleased that the ABA's ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
... added. It will also ramp up efforts in consumer testing and shadow shopping, particularly as the new Superannuation Consumers' Centre gets up and running. While it's easy to get caught up in the fact that the Royal Commission focused more on retail super ...

New tech for the new advice world

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... ineffective. Until now, this has adversely affected the value and in some cases, the consistency of advice delivered to consumers," Henderson said. Advice Intelligence's software will enable advisers to increase their ability to scale, meet prospective ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... strategic direction which will enhance its ability to detect and address misconduct in financial services and protect consumers," Frydenberg said in a statement.

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... "disappointed" ASIC's review into direct insurance has uncovered continuing practices of some life insurers that led to poor consumers outcomes. In response to the report ASIC handed down yesterday, the FSC said its Life Insurance Code of Practice has ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... regulator said. Sales of accidental death insurance were particularly problematic, ASIC said. This included instances where consumers were 'downgraded' to accidental death insurance after being rejected for comprehensive life insurance. Accidental ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... consensus expectations for a slight dip to 126.8 and is the highest reading since October 2000. And why shouldn't consumers be confident? The details of the report indicate continued positive expectations for the labour market with those saying 'jobs ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... amended on 5 July in a further ASX announcement by Praemium. ASIC determined that this was potentially misleading to consumers and investors. MSWMA has now updated its marketing approval processes and arranged for staff to receive training in relation ...