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Showing 371 - 380 of 3577 results for "Consumers"

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... Steps and Best Interest Duty. "We're really excited by the fact that the new legislation will focus on clients and consumers, rather than ensuring that we are, kind of, controlling advice providers," Lykouras said. She added that JBWere is looking ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... respect," it said. Bhandari was permanently banned by ASIC in 2021 after he was found to have acted dishonestly in helping consumers locate their multiple super funds and consolidate them, as well as in obtaining hardship payments. At the time he was ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... relevant amid the great wealth transfer, Capgemini said. The report suggests insurers prioritise affluent and mass-affluent consumers who hold about 39% of global wealth and account for about 20% of the ageing population. Someone categorised as "affluent" ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... people buying death and disability income insurance policies through advisers," Cummings said. "The economic pressures on consumers and rise in premium costs has contributed to lapse rates starting to increase. Having said that, the lapse rates in 2022 ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... holding tokens, custody software, and transacting tokens. "The Albanese government is acting methodically to ensure that consumers are adequately protected, and innovation can flourish," they said. "Our proposals have been designed to ensure they're ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... abroad, the Australian dollar's value increases. This results in Australians paying less for imports, while foreign consumers face higher costs for domestic goods and services. "An appreciation of the Australian dollar would contribute directly to lower ...

ReCALIbrate grant winners announced

CHLOE WALKER  |  MONDAY, 9 OCT 2023
... crucial to effective and impactful advice. "ReCALIbrate aims to promote more diversity among financial advisers so that consumers receive appropriate advice that is relevant to them," she said. CALI board member and Clearview Wealth managing director ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... Life). In June, Gen Life commissioned global research company Censuswide to conduct a study of 2000 adult Australian consumers to gain both quantitative and qualitative insights into what legacy means to them, their financial goals, the financial vehicles ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... the letter, the Financial Conduct Authority's director of consumer investments Lucy Castledine outlined "key harms" to consumers the regulator has identified across platforms. First, she said fees and charges may not represent fair value, "especially ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... proud of the work the FSC has undertaken to deliver the Life Code, and the positive impact it has had on life insurance consumers. The latest version of the Life Code was effective July 1, and expands on the important work completed by the FSC when the ...