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Showing 401 - 410 of 7405 results for "Consumer"

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... accounting. They will also need to complete financial advice subjects covering ethics, legal and regulatory obligations, consumer behaviour and the financial advice process," he said. They will still need to complete the Professional Year's 1600 ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... maintains the right to appeal to the Administrative Review Tribunal for a review. Under the Corporations Act and National Consumer Credit Protection Act, ASIC may permanently ban a person from providing financial services and engaging in credit activities ...

Investment down as uncertainty rises

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... Australian economy has hit business revenues. This has particularly been the case for businesses reliant on discretionary consumer spending such as those in the hospitality and retail trade industries," Deloitte Access Economics associate director and ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
AustralianSuper is being investigated by ASIC over delays in paying out death benefits, after it remediated members last year. AustralianSuper announced last November that it would compensate around 7000 beneficiaries with $4.2 million for death benefit ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
The Compensation Scheme of Last Resort's (CSLR) funding model and how this impacts the businesses that support its operation will be centrepieces in Treasury's review. Treasury will also investigate how the CSLR is delivering on its intended ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... meeting of 2025. Liu is confident that a rate cut will be announced, judging from the most recent inflation data. The Consumer Price Index (CPI) rose 0.2% in the December quarter and 2.4% annually. Meanwhile, annual trimmed inflation fell to 3.2%, which ...

Anthony Doyle joins Schroders as director

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025
... asset management experience across institutional and intermediary channels, as well as with brokers and the direct-to-consumer market, Anthony Doyle has worked with active ETFs for several years. Prior to working at Pinnacle-backed Firetrail Investments ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... the compensation being paid by the scheme has been for foregone, hypothetical capital gains, not the actual losses a consumer has incurred," he said. "It is in the interests of the government, ASIC, and consumer groups, as well as the industry and its ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... them, who are being saddled with higher regulatory levies to fund it. It's in the interests of the government, ASIC, and consumer groups, as well as the industry, for the CSLR to be sustainable. Clearly that is not the case," Briggs said. Briggs argued ...