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Showing 141 - 150 of 3595 results for "Consumers"

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... concern, commence investigations or take enforcement action." "While life insurance can provide valuable benefits to consumers, it is typically a complex and costly product, so it is important that sales practices are designed with customers' needs ...

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
... 400.9(1) and 400.9(1A) of the Criminal Code (Cth ). ASIC commenced its investigation after receiving complaints from consumers and corporate and institutional entities. The matter is listed for committal mention on October 30.

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
... Privacy Act, and found they are costing business, limiting innovation, and in many cases, not providing the protections consumers expect. It found that parts of the Act are too focused on prescribing actions or procedures businesses must take, rather ...

Overcoming the three-body problem in advice

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
... ripe for active risk management across asset classes. "If you believe in American exceptionalism, and that American consumers, businesses, economies are going to benefit from this then you want active management to pick the sectors and stocks that will ...

Sequoia resumes trading after ASX query

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... InterPrac. ASIC said certain authorised representatives of Venture Egg provided personal financial product advice to consumers who invested in the Shield Master Fund and the First Guardian Master Fund.

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... reaffirms the company's compliance framework. "We understand and respect the importance of good regulation to protect consumers and we engaged openly and proactively with ASIC from the outset," Restuccia said. "We are delighted with this outcome ...

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... services law," ASIC said. Since February 2022, more than $480 million have been invested in Shield by at least 5800 consumers, predominantly through super platforms. In February 2024, ASIC halted new offers of investments in Shield, making interim stop ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... professionalism by those who provide financial and credit services and ensure informed participation of investors and consumers in the financial system." "Mr Beresford has been convicted of offences involving fraud or dishonesty, and therefore ASIC's ...

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 ...