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| | | ... added "it considered that the banning of Mr Reilly and the suspension of Conexus's licence were necessary to protect consumers, promote confidence in the financial system and deter similar misconduct by others." Reilly has the right to apply to the ... |
| | | | ... recommendations for changes to the Life Code, will be provided to CALI by June 30. "The Life Code plays a vital role in supporting consumers in their dealings with life insurers, and this input has been critical in identifying areas where the Life Code ... |
| | | | ... complaints'." Meanwhile, minister for financial services Daniel Mulino said the aim of restricting super switching is to "give consumers a bit more time to have a second thought". Mulino said Treasury is focused on putting more regulatory scrutiny around ... |
| | | | Super Consumers Australia has called for the government to focus on reforms that will actually protect people, warning against ineffective measures and those that will harm victims. It raised concerns over the proposal to remove the 'but for test' from ... |
| | | | ... look forward to continuing to work alongside ASIC and Treasury to help shape a regulatory environment that protects consumers, fosters innovation, and positions Australia for leadership in the global digital economy." |
| | | | ... Treasury would also target specific actions of lead generators that are problematic, being the advertising to attract consumers and cold calling. At present, Treasury believes there is some uncertainty about whether lead generation activities constitute ... |
| | | | ... sub-sector viability, while still ensuring the CSLR can raise sufficient funds in a timely manner to provide redress to consumers suffering from misconduct. Other proposed reforms included enabling the CSLR to deduct payments from compensation and for ... |
| | | | ... said. Regardless, Derham believes the new standard sets a "clear pathway" to a digital economy for both businesses and consumers. "It lifts the sector into a regulated environment, which it has been calling for, for a long time. It is also likely to ... |
| | | | ... between winners and losers from higher oil prices. Over the last decade, the US has become a big energy exporter, so yes, consumers will suffer with higher prices, but the energy companies themselves benefit," Colosimo said. "If you look at Europe and ... |
| | | | ... Australia's Superannuation Lawyers Conference on Thursday, Kirkland emphasised the role trustees play in protecting consumers. He advised them to review their due diligence to always be able to justify why an investment option was made available to members. ... |
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