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Showing 1731 - 1740 of 3586 results for "Consumers"

FOS and CIO should merge: report

ALEX BURKE  |  THURSDAY, 1 DEC 2016
... members, found that 75% of financial counsellors were in support of a FOS and CIO merger so as to "reduce confusion for consumers" participating in ASIC-approved external dispute resolution schemes. Chief ombudsman Shane Tregillis said that while competition ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
... "ASIC is committed to ensuring that fees and costs disclosure is accurate, and provided on a consistent basis, to assist consumers when making decisions about their superannuation and managed investments," he said. "We have agreed to an extension of ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
... which will also examine existing legislative and regulatory frameworks to ensure the entire industry has Australian consumers' best interests at heart. In particular the inquiry will examine: The impact of misconduct in the banking, insurance and financial ...

ASIC bans SA insurance broker

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
... doing this, and was also paid commissions totalling more than $1705. "Dishonest conduct will not be tolerated by ASIC. Consumers are entitled to expect that insurance brokers will uphold the highest standards of conduct, so as to maximise their confidence ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... superannuation that makes it clear they expect reforms to deliver lower fees, product innovation and higher returns for consumers." "Consumers are right to expect improvements in superannuation fees and services, however for too long now the anti-competitive ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... a new Banking and Financial Sector Tribunal. The argument behind this was that currently the remediation process for consumers was too complex, noting that: "a customer in a dispute with a major bank would need to approach the FOS; a customer in a dispute ...

Responsible investment plagues super funds

DARREN SNYDER  |  THURSDAY, 24 NOV 2016
... reporting on their corporate engagement activities. The RIAA has also launched responsible returns web tool, connecting consumers to investments that match their interests and values.

ASIC gives green light to FPA fees code

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2016
... or in the case of an opt-in code replace the need for compliance with a legal requirement, and represent a benefit to consumers," said De Gori. "Importantly, any organisation proposing a code must also have the means and resources to hold code subscribers ...

Professional Standards legislation hits parliament

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
... current requirements have allowed some financial advisers to become qualified to provide financial advice to retail consumers after only four days of training," O'Dwyer said. "There is also no specific requirement currently for advisers to undertake ...

Super 2.0 must deliver retirement certainty: FSC

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
... breakfast held in Sydney, FSC chief executive Sally Loane said the superannuation system must adapt to benefit future consumers and needs to demonstrate stability. "Super 2.0 needs to be different to today's system. It must offer choice for all Australians ...

Editor's Choice

MaxCap appoints chief executive

RIDDHIMA TALWANI  |   12:44PM
MaxCap has named deputy chief executive and chief financial officer Kylie Robb as chief executive, effective July 1.

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |   11:50AM
The financial services firm has rejected a $21.64 per share bid from a Swedish private equity firm.

Investors Mutual founders launch new venture

MATTHEW WAI  |   11:36AM
The former investment director and founder of Investors Mutual Anton Tagliaferro is launching a new fund management business, focussing on small caps, with a new fund already made available for investors.

AMP, CFS, MLC post double-digit returns

VINNY VUCAGO  |   11:48AM
AMP Super, Colonial First State (CFS) and MLC have delivered strong returns for members with growth-focused options posting double digit gains despite heightened market volatility and geopolitical uncertainty.

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