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Showing 191 - 200 of 3577 results for "Consumers"

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... reforms that will pave the way for regulated institutions to step into the advice space. The whitepaper questioned how consumers will differentiate the new class of adviser, placing urgent onus on the profession to define who they are, what they do ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... sensitivity and empathy" and resolving them as quickly as possible. The spokesperson said the fund has had a vulnerable consumers policy, which applies to all staff and key external providers who have direct contact with members, since mid-2021, to provide ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
The Australian Securities and Investments Commission (ASIC) said reviews are underway into why consumers are advised to establish an SMSF. Plans for the review were first announced in ASIC's Corporate Plan 2024-25 and the regulator has now confirmed ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... implementation of the ban, including how feasible it is and how likely it is to meet the government's objective of ensuring consumers aren't deterred from taking out cover. Treasury also wants to know what the possible implications of the ban would be ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... that Tranche 2 is "our priority and is being written as we speak". "But it is complex. And we cannot risk endangering consumers by getting this wrong. Or being too cautious so as to miss this moment to shift the dial," he said. "We have worked constructively ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... processing claims were experienced, saying this regrettably added to the distress of members and their families. Super Consumers Australia chief executive Xavier O'Halloran said Cbus wasn't expected to be an isolated incident, citing complaints ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... initiative promotes accountability while reducing systemic risks associated with unrepresented claims, ultimately benefiting consumers and the broader financial ecosystem."

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... delivering its intended objectives. This will give stakeholders confidence in the scheme and support the outcomes of consumers," Jones said. Stakeholders wishing to make a submission to the review have until February 28. The 2026 financial year CSLR ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... have a sustainable avenue for redress. "This is all about ensuring the scheme remains sustainable into the future for consumers and for the industry," Jones said as he prepares to exit politics. "Taking care of consumers is the focus of the scheme, it's ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... scrutinise the design and implementation of its recommendations and the impact of that regulation on the industry and its consumers, Briggs said at an event hosted by financial PR firm PritchittBland yesterday. He said neither side of the political spectrum ...