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Showing 271 - 280 of 3577 results for "Consumers"

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... judgement, it said. "These orders underscore the importance for businesses and company directors to ensure statements made to consumers... and clearly demonstrate the consequences of making false claims when promoting goods or services to consumers," ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... Treasury also asks whether the current formulation of the fit and proper person test within the TASA adequately protects consumers, without imposing a disproportionate barrier to entry, and for other proposals to modernise the registration framework ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... help ease tensions and ensure compliance with regulatory standards while broader issues are resolved. Separately, Super Consumers Australia director Xavier O'Halloran said that consumers expect their savings to be managed by individuals who are fit ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... in CFDs despite lacking the financial means or trading experience to do so, leading to "significant losses" to some consumers. It also found that XTrade "put its own interests above those of its clients" and didn't act in good faith. XTrade applied to ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... September 2022, Firstmac used a 'cross-selling strategy' to market investments in its High Livez investment product to 780 consumers who held existing term deposits with Firstmac. In doing so, it breached DDO by sending product disclosure statements ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... reforms will benefit their business models, while a similar number believe the changes will make advice more accessible to consumers. Provident Advisory managing director and principal adviser Bruce Gorry said the CSLR is the biggest issue in the advice ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... arrangements, provide flexibility in producing the Financial Services Guides, and improve transparency and protections for consumers who receive personal advice on insurance products. Before passing the bill, lawmakers amended it for highly contentious ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... adopt an approach that would prioritise the litigation of all serious suspected breaches of law, particularly where consumers have incurred financial losses or are likely to. On ASIC's structure, the committee recommended the government review a ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... said Bendigo and Adelaide Bank is a unique institution that plays an important role in providing Australian banking consumers with a genuine alternative to the big four. He said he was grateful for his predecessor's work in creating strong foundations ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... marking). "Removing this information from the public-facing register aims to reduce confusion and minimise risks to consumers. The update also recognises the introduction of the experienced provider pathway, which provides an alternative to the completion ...

Editor's Choice

Invesco launches new equity fund

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

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