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

Search Results

Showing 291 - 300 of 696 results for "Financial products"

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... last night, recognising the best in banking and insurance. The awards aim to help Australians choose reliable financial products. In addition to Bank of the Year, Suncorp also took home Business Bank of the Year. Suncorp received the highest aggregate ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
ASIC has initiated consultation on new powers allowing it to intervene where it feels financial products have caused or are likely to cause consumer detriment. Under new product intervention powers, ASIC will be able to take action against financial ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
... government decision-making to fill potholes in grids, replace existing network capacity, or develop innovative financial products that better helps to manage risks both here and overseas," he said. Yesterday, Rest announced it would take full ownership ...

SEC adopts retail investor protection package

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
... Interest and Form CRS Relationship Summary, retail investors will be able to make better informed decisions about financial products and easily compare services. Regulation Best Interest requires broker-dealers to act in the best interest of retail customers ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... services providers in the last 12 months. Participants were also 10 times more likely to have low levels of financial products and services compared to other Australians. Many expressed the trouble they experience in getting help from banks or financial ...

Retail clients win under new ASIC powers: Lawyers

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... 6 April 2019 respectively. Some of the new obligations require providers determining the target market for financial products on offer and making this known to the public. They must also develop a plan to review target market determinations and specify ...

Design and distribution law set to impact property funds

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... looming challenge for the sector. According to the new law, providers must determine the target market for financial products on offer and make this known to the public. They must also develop a plan to review target market determinations and specify ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
... expectancy and "inadequate" financial product options, noting policymakers have been grappling with the issue of financial products for retirement since the 2014 Financial System Inquiry. National Seniors' chief executive John McCallum noted after having ...

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... circumstances into consideration when providing personal advice." "When recommending that clients dispose of or acquire financial products, advisers must fully disclose the costs associated with their advice so that clients can make informed decision ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... benefits of structural separation would outweigh the costs. At the time, Hayne said forcing the separation of financial products and financial advice "would be a very large step to take" despite the benefits to be gained in removing the vertical integration ...