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Showing 131 - 140 of 3577 results for "Consumers"

Treasury wants 'more confidence' in sustainable product labels

MATTHEW WAI  |  MONDAY, 21 JUL 2025
... seeking industry-wide feedback on a framework for sustainable investment product labels, which will help investors and consumers "identify, compare, and make informed decisions" about relevant products. "The objective of sustainable product labelling ...

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
... Advice to a client in relation to life insurance products. "Failure to register a financial adviser creates a risk for consumers who may receive personal advice from unregistered advisers," ASIC said. "The registration requirement is an important consumer ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... Group), offered its funeral expenses insurance policy Aboriginal Community Funeral Plan (ACF Plan) primarily to Aboriginal consumers, ASIC said. Both entities have been in liquidation since 2022. The $3.5 million penalty comes in addition to the $1.2 ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... 14. ASIC said it understands that since February 2022, more than $480 million was invested in Shield by at least 5800 consumers, who accessed Shield primarily through superannuation platforms, the trustees for which were Macquarie Investment Management ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... non-confidential submissions. ASIC also received one confidential and two non-confidential submissions from individual consumers who were opposed to the relief on the basis that some licensees still engage in misconduct. In response to feedback, ASIC ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... $30 trillion global gender wealth gap, we have gained recognition and popularity across a broad segment of Australian consumers comprising 28% men, helping thousands of Aussies to retire with more," Super Fierce said. In 2022, it launched the Fierce ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... and direct people to the Moneysmart website for information on how to protect their interests. These issues include consumers being lured by clickbait ads on social media or websites that encourage them to "find their lost super" or participate in a ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... investigations concerning the two funds. Certain authorised representatives of FSGA provided personal financial product advice to consumers who invested in the Shield Master Fund and the First Guardian Master Fund. ASIC said it cancelled FSGA's licence ...

TAL partners to expand access to affordable insurance

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... $100-$300 per day for income protection and up to $150,000 for life insurance, TAL said. It will be offered directly to consumers through a range of organisations across the health and banking sectors, integrated into platforms that Australians use daily ...

Trade war threat sparks allocation rethink by asset owners

ANDREW MCKEAN  |  THURSDAY, 12 JUN 2025
... the way of measuring these types of issues. "And that has led to confusion ultimately around sort of end investors and consumers...," the representative said. Another super fund representative added that having standardisation and requirements around ...