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Showing 1481 - 1490 of 3584 results for "Consumers"

Fintechs save time: Spot poll

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... Federal Government's effort to champion fintech initiatives to boost competition in the financial sector and provide consumers with more product choice, no respondent indicated intentions to engage with fintechs in the next 12 months. Financial Standard ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
... critical standards and culture. It must also grow by meeting the needs of its users - especially the fair treatment of consumers in that the system should perform the way consumers are led to expect or believe. Hayne foresees that the Commission will ...

Court fines advice firm $7.8m

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
... insurance and superannuation products advice, while Yes FP gave personal financial advice. WRM advertised 'fast cash' to consumers often with poor credit histories and recommended they switch their superannuation funds and take out high-end insurance. ...

Go your own way: AXA IM

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... also stressed the growing importance of Asia's economy, particularly China, citing 90% of the next billion middle-class consumers will come from Asia. "If you want to buy into real growth, real earnings and real dividends, you've got to look at where ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... legislation is part of a broader suite of financial services reforms delivering on the Turnbull Government's commitment to put consumers first, ensuring Australians can have trust and confidence in the banking system." Large authorised deposit-taking ...

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... argues the use of the term 'advice' should be limited to work undertaken by a professional adviser on behalf of a client. Consumers are unable to clearly distinguish between the general promotional effort related to products and actual personal advice ...

ClearView issues refunds over life sales misconduct

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
ClearView has stopped selling life insurance direct to consumers and will refund $1.5 million to thousands of customers as a result of poor sales practices. An ASIC review found ClearView staff used unfair and high pressure sales tactics when selling ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
Australia's open banking regime will fundamentally change the way financial advisers interact with consumers but several hurdles must be cleared before any true potential is realised. The expected multi-billion dollar implementation of open banking ...

Responsible investment here to stay: Experts

DARREN SNYDER  |  THURSDAY, 1 FEB 2018
... broader Australian funds management industry, Vynokur said. Future Super's Mark Woodall said financial advisers and consumers are demanding 'true to label' ethical products more than ever. "Unfortunately, our research indicates that many of the 'ethical' ...

Institutions urged to overhaul outdated risk management practices

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2018
... to wrong information that can spread at great speeds. Australian banks are particularly vulnerable to "fake news" as consumers demonstrate little sympathy for banks, their boards and management. This also gives way to what Laughlin calls "reverse fake ...