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Showing 11 - 20 of 612 results for %22Consumer Choice%22

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... technologies continuing to evolve, often involving triaging or providing initial guidance and advice before passing the consumer on to a personal advice provider, according to their needs and preferences," it said. "There is also a role for tools and ...

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... don't deliver benefits to consumers, workers and the wider economy." Additionally, the Australian Competition and Consumer Commission (ACCC) has also raised concerns about Australia's merger regime. According to the consultation paper, key concerns ...

Hostplus member experience lead to exit

ELIZABETH FRY  |  THURSDAY, 5 OCT 2023
... his resignation after 12 years with the fund. Watson joined Hostplus in 2011 as executive manager, member and consumer choice. He's held several group executive roles since, before taking on his current role in December 2018. In a LinkedIn post ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... own strong customer focus and the ability to enhance member outcomes," Bendigo and Adelaide Bank chief customer officer consumer banking Richard Fennell said. "As part of this process, the bank has prioritised a smooth transition to a new provider." ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... SCA director Xavier O'Halloran said it's clear that "something has gone wrong at these funds", adding that while the consumer body commends the government for cracking down on "shoddy" Choice products, it believes the test now needs to be further expanded ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... spearhead ASIC for the next five years, as incumbents Danielle Press, Sean Hughes and Karen Chester wrap up their terms. CHOICE chief executive Alan Kirkland, Commonwealth Bank chief risk officer for institutional bank and markets Simone Constant, and ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The long-awaited Compensation Scheme of Last Resort (CSLR) has been enshrined in legislation, with consumer advocates calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... products, fearing that the results will end up wrong. If applied in its current form, this will "result in significant consumer confusion and harm for many Australians who have made an active decision about how to invest their retirement savings," AMP ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
The independent body tasked with reviewing the competency of APRA and ASIC has released a list of draft metrics it will use to measure the regulators against and is asking for industry feedback. The Financial Regulator Assessment Authority (FRAA) has ...