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Showing 341 - 350 of 7364 results for "Consumer"

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... Anti-hawking laws were legislated in 2021 to prohibit unsolicited sales and cold calling, which tend to lead to "poor consumer outcomes". "Such practices are contrary to what our super sector stands for - a long-term investment approach using a diversified ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
Westpac chief executive of consumer banking Jason Yetton has left the bank, prompting a search for his successor. Yetton led the consumer division since August 2023 after three years leading the bank's specialist business and group strategy. This ...

Swiss fund manager expands in Australia

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... Youngtimers acquired C Capital, an US$800 million fund manager that focuses on Asia Pacific growth-stage investments across the consumer and technology sectors, founded in 2017. Upon finalising its acquisition of C Capital, Youngtimers now operates as ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... not be able to perform any function in a financial services business. ASIC believes the ban will uphold investor and consumer confidence in the financial services industry and encourages professionals from all industries to deter similar misconduct. ...

Industry must do more to improve women's financial literacy: Fidelity

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
While women are increasingly aware of the importance of their financial wellbeing, only 16% have sought financial advice to achieve their goals. Fidelity's Next Generation research surveyed over 1000 Australian consumers aged 18 to 59 years old, highlighting ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... strategic issues," Lonsdale said. APRA will consult banks, insurers, and superannuation trustees, industry bodies, and consumer representatives over a three-month consultation period. The regulator plans to release updated prudential standards for formal ...

Aussie ETF market tipped to hit $300bn in 2025

MATTHEW WAI  |  THURSDAY, 6 MAR 2025
... Ibrahim said. "Throughout 2025, we believe the growth momentum of the Australian ETF market will continue, mainly driven by consumer demand for fixed income ETFs, product innovation, demand for digital assets ETFs and the continued reduction of management ...

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... vulnerability to global trade tariffs and other geopolitical threats have the potential to stifle business activity and weaken consumer and business confidence. "While we maintain our conviction in a soft landing in Australia, elevated global trade uncertainty ...

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... Metrics Credit Partners, previously held a 29.8% stake in BCI. BCI is a non-bank financial services group specialising in consumer lending for residential real estate purposes. As at January 31, BCI has total loans under management of more than $6.5 ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...