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Showing 241 - 250 of 3577 results for "Consumers"

Property fund management firm loses AFSL

MATTHEW WAI | TUESDAY, 15 OCT 2024

... for AFSL holders to adhere to their obligations to assure a "free, fair and independent" dispute resolution scheme for consumers.

Household spending drops in September: CBA

ELIZA BAVIN | TUESDAY, 15 OCT 2024

... material rise in consumer spending. "The spending slowdown in September was expected after an early Father's Day led to consumers splashing out on household goods and hospitality for Dad. Although we saw a rise in recreation spending associated with ...

ASIC bans adviser who misled TPB

JAMIE WILLIAMSON | WEDNESDAY, 9 OCT 2024

... regulator added. ASIC determined that Hazell is likely to contravene his obligations as an adviser and, in the interests of consumers, is now banned from providing any financial services, performing any functions as an officer of a financial services ...

FAAA names Gwen Fletcher Memorial Award winner

ELIZA BAVIN | THURSDAY, 3 OCT 2024

... FAAA Value of Advice research found that CFPs achieve the highest recognition of the value of financial advice amongst consumers. "We are seeing more of our members considering taking part in the program, which is very good news for the profession as ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN | MONDAY, 30 SEP 2024

While most superannuation funds opine that retirement calculators are key to helping members, research from Super Consumers Australia (SCA) has found they often fail to produce reasonable results. The consumer advocate reviewed the country's largest ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON | WEDNESDAY, 25 SEP 2024

... which were unintentional. Vanguard acknowledges the importance of accurate product and marketing information in helping consumers to make informed investment decisions." Meantime, ASIC deputy chair Sarah Court said it is essential that companies do not ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA | WEDNESDAY, 25 SEP 2024

... detrimental flow on impact to supplier funding costs, and in turn energy prices. This can lead to higher energy bills for consumers who are already struggling with the cost of living," Longo added.

Scams prevention framework consultation released

ELIZA BAVIN | MONDAY, 16 SEP 2024

... scams through strong obligations. It includes tough penalties for non-compliance and dispute resolution pathways for consumers to seek redress. Under the framework the Minister for Financial Services can designate sectors under the framework. Participants ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN | THURSDAY, 12 SEP 2024

... take for pension income - for instance, drawdown, annuity, or a blended strategy - was the second largest issue facing consumers at retirement. While most adults are financially literate - managing bills, mortgages, credit cards, and saving for expensive ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON | THURSDAY, 12 SEP 2024

... supposed to be a last resort but has become a scheme of first resort in the absence of true accountability. "We owe it to consumers to ensure that the CSLR is fairly and sustainably funded. A public inquiry into what happened at Dixon Advisory is critical ...

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Invesco launches new equity fund

ELIZA BAVIN | 12:13PM

Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA | 12:05PM

The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA | 12:03PM

A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI | 11:12AM

Global X has now launched the space tech ETF (ASX: MOON).

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