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Showing 161 - 170 of 3576 results for "Consumers"

WA takes the economic crown: CBA

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... economic indicators, as 'The West's' strong relative population growth has boosted labour and housing markets, encouraging consumers to spend," CommSec chief economist Ryan Felsman said. "Overall, the economic performance of Australia's states and territories ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... practices and reduce consumer complaints. In the first half of 2024-25, 235 matters were reported affecting 187,855 consumers with more than $3.13 million remediated. Within the superannuation sector, four common systemic issues were highlighted in the ...

Local challenger enters Australia's ETF market

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... Shares after observing a greater proliferation of ETF issuers overseas and identifying a lack of choice for Australian consumers in the local market. Man noted that Australia currently has six ETF issuers - BlackRock, Vanguard, State Street, BetaShares ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... Court found bonuses paid to advisers influenced the advice they provided, resulting in poor financial outcomes for the consumers involved," Court said. "Financial services licensees who employ advisers to provide personal financial advice need to ensure ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... business is on track with its strategic initiatives, including the SS&C deal and the revitalisation of the MLC brand for consumers. " We announced last week that we had agreed to requests from both Bain Capital and CC Capital to extend the exclusivity ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... has been clear: regulation in its current form is too often duplicative, inconsistent, and costly - for advisers and consumers alike. Thus, the proposed creation of a financial services deregulation taskforce is needed and welcome," Abood said. "We applaud ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... reappointed by the Chancellor. The FCA does vital work to enable a fair and thriving financial services sector for the good of consumers and the economy." "I am proud of the reforms we have delivered to support growth, bolster operational effectiveness ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... higher superannuation fees doesn't equate to getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees last ...

ASIC asks for input on reportable situations, IDR dashboards

JAMIE WILLIAMSON  |  THURSDAY, 10 APR 2025
... the board. "Publishing reportable situations and IDR data will encourage firms to lift their game. It also provides consumers and investors access to this data at firm level, further encouraging confident and informed participation in the financial system," ...

Trump backflips on tariffs but risks remain

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... just likely - it was always inevitable," Green said. "You can't fight the basic needs of markets, businesses, and consumers without consequences."