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Showing 11 - 20 of 3595 results for "Consumers"

Stablecoins a key to instant access to global credit markets

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... fractionalised structure. She added the increased regulation scrutiny on the sector will provide better confidence in consumers, while the draft legislation to allow advisers, institutions, and retail investors to participate will further pledge that ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... of Mercer Super's size and market position. "These failures undermined a critical safeguard designed to protect consumers and exposed fundamental weaknesses in Mercer Super's systems and processes. "This was not an isolated oversight. It was ...

FSC links active super choices to stronger retirement outcomes

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... platforms can offer comparable fees, particularly for higher account balances. NMG Consulting director Lachlan Reardon said consumers increasingly value investment flexibility and tailored solutions. "Choice is a spectrum, and it's important that consumers ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... emerging products without the need to amend the legislation," Court said. "Firms offering products that provide a return to consumers or involve the conversion of assets must carefully consider whether their offerings are financial products, and if so ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... involved in superannuation lead generation activities as part of an ongoing review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately. The regulator updated a list first published in February, which ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
The Australian Securities and Investment Commission (ASIC) has launched a new initiative aimed at helping consumers identify legitimate financial services websites and reducing the growing threat of imposter scams across the sector. ASIC is now collecting ...

Budget changes could drive SMSF adoption: FAAA

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... drive Australians towards self-managed super funds (SMSFs) as a vehicle for residential property investment, exposing consumers to heightened risks. In its submission to the Senate Economics Legislation Committee's inquiry into the Treasury Laws Amendment ...

ASFA lifts comfortable retirement standard to $730k for couples

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... access to homeownership for younger generations of Australians, is a crucial public policy goal," Delahunty said. Super Consumers Australia's (SCA) modelling found a financially comfortable retirement requires $432,000 in superannuation for couples and ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... in place meaningful performance objectives, tracking or reporting, and have failed to approach claims handling with consumers front of mind." One trustee took over 500 days to pay a death benefit of around $100,000 to a First Nations woman who was grieving ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... said it would also target specific actions of lead generators that are problematic, being the advertising to attract consumers and cold calling. Former ASIC chair Joe Longo has said the most effective way to tackle unscrupulous actors in lead generation ...