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Showing 1 - 10 of 137 results for "Consumer Protections"

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... from Australians' superannuation accounts over the past two years has prompted fresh calls for stronger consumer protections. This comes amid concerns younger members are being switched into higher cost products that could erode their retirement ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... hand in hand with protecting Australians' freedom to choose and engage with their superannuation. Strong consumer protections and informed consumer choice go hand in hand in delivering better retirement outcomes," Briggs said.

Budget changes could drive SMSF adoption: FAAA

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... SMSF property investment since the Budget announcement. To address the issue, the FAAA called for stronger consumer protections, including mandatory education before establishing an SMSF, tighter restrictions on limited recourse borrowing arrangements ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
... Longo said. The report forms part of ASIC's broader push to support responsible innovation while maintaining consumer protections and market integrity, as regulators globally grapple with the rapid adoption of AI and digital finance technologies. Longo ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... promoters, responsible entities and investment managers are commendable, as are the initiatives to strengthen consumer protections." O'Brien added Equity Trustees is assisting the liquidators of First Guardian to achieve the best possible returns ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... customer base exposed to high-risk products they should have never been able to access, and without important consumer protections or rights, costing retail investors millions," Longo said. "This wasn't just a technical breach - it directly resulted ...

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
... receiving bank and unauthorised opening of accounts jurisdiction is a critical interim step to strengthen consumer protections ahead of the full implementation of the Scams Prevention Framework," AFCA said. Some changes to paid representatives took effect. ...

Research reveals 'alarming spike' in super switching

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... super products early in their working lives," SMC said. In response, SMC is calling for a strong package of consumer protections that remove any conflicts of interest - including eradicating any hidden paydays - wherever they arise in the chain of complex ...

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... supported the need for Australians to have access to quality, affordable financial advice, with appropriate consumer protections. "Financial advice has significant potential to guide Australians to make the most of their retirement savings and household ...

Aged care advice needs regulatory intervention: Research

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
... consumers and highlights the urgent need for clearer guidelines and stricter regulations." "Without proper consumer protections, older Australians are at risk of making inappropriate decisions that could have serious financial and estate planning consequences." ...
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