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Showing 431 - 440 of 3579 results for "Consumers"

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... report identified multiple instances of systemic breaches across the Australian financial services landscape, affecting consumers who haven't lodged a formal complaint. In the superannuation sector, one identified issue concerned the provision of ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... services Stephen Jones said the "unregulated and unchecked" BNPL market would be overhauled to safeguard vulnerable consumers. "Today I am proud to announce that the government will change the law, so that BNPL products are regulated as credit products," ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
... included cybersecurity, water, fintech, e-commerce, health, data centres, education, cloud commuting, and millennial consumers. Renewables Renewables are growing at a rapid speed, Hannon said, as the cost of to build and operate a source plunged over ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... the same time, we can see from the engagement levels with finfluencers that this emerging channel is highly valued by consumers. It's clear consumers want information and education, and the service providers that would historically provide these services ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
... more people to the profession. One campaign will actively market the profession - not only to future advisers but also consumers - about the positive difference advice makes in people's lives with the help of volunteers. "We want to make planners the ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Super Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. Last week ...

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
... added. With the growing underinsurance challenges in Australia, HCF Life said it feels it is in the best interests of consumers to have direct access to affordable life insurance products such as those in question. "It is important to note this case ...

AFCA tallies up COVID-19 complaints

JAMIE WILLIAMSON  |  FRIDAY, 12 MAY 2023
... as they handled an unprecedented volume of requests for repayment deferrals. "It shows what's possible when firms and consumers talk to each other. We hope financial firms have a similar mindset as we face new challenges amid rising interest rates and ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... of the levy being unfrozen from the current financial year. A great way to make financial advice more affordable for consumers, is to reduce the business costs involved in the provision of advice - and this is one important way the government can assist," ...

Courtenay House affiliate faces prison

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... seeing justice for investors through the criminal court." To ensure a fair and strong financial system, and to protect consumers, financial services businesses need to be licensed, Court said. "Those promoting unlicensed businesses should not assume ...