Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 137 results for "Consumer Protections"

Advisers need more support: FAAA submission

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
... recommendations to increase the number of advisers and cut through regulatory red tape, while supporting consumer protections. The FAAA urged the federal government to address the drop in adviser numbers, ensuring the supply of professional financial ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... threats," Constant added. It comes as Super Members Council (SMC) urges the government to include better consumer protections in super in the upcoming Federal Budget following the collapses of the Shield and First Guardian Master Funds. SMC's pre-budget ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... be available into the future." Mulino said the government is also working to ensure there are sufficient consumer protections in place to stop "insidious industrial scale" failures like the Shield and First Guardian collapses. "I discussed with finance ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
... 2026 special levy has blown out to $47.3 million. Mulino added the government needs to act to strengthen consumer protections and improve stability and confidence in the superannuation and financial services sectors, saying the Shield and First Guardian ...

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
... "mainstream" super system into higher-risk options. SMC said it supports ASIC chair Joe Longo's call for stronger consumer protections, such as cooling off periods to give people the chance to "get a second opinion, have second thoughts." In addition ...

Super funds a "standout" in risk and compliance hiring: Kaizen

RIDDHIMA TALWANI  |  MONDAY, 10 NOV 2025
... to SPS 530 on investment governance and ongoing enforcement around privacy and third-party risk, DDO, and consumer protections, will drive demand for specialised compliance roles focused on transparency, disclosure, and member-centric operations in superannuation ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... members. AFCA lead ombudsman for investment and advice Shail Singh said the updated guidance pledges better consumer protections when crypto and digital asset investments are involved. "We expect better regulation will reduce fraud and security issues ...

Retirees could be out up to $136k: SMC

ANGELIQUE MINAS  |  THURSDAY, 30 OCT 2025
... still able to access the benefits of a tax-free retirement phase. The report also recommended strengthening consumer protections by implementing a quality filter on all retirement products. SMC chief executive Misha Schubert said: "We need to make the ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
... an average $1730 each a year. SMC, however, noted that the government has not included previously proposed consumer protections on super fund advertising on employee onboarding platforms, reminding that these protections must also be in place by 1 July ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... Council (FSC) is currently developing best practice principles for platforms' investment governance to increase consumer protections. It said it will consider how APRA's findings should be incorporated into its work. "The FSC also recognises that whilst ...