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Showing 461 - 470 of 7406 results for "Consumer"

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the Financial Advice Association Australia (FAAA) warns in anticipation of the looming ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC. The court also ordered that The A Team Property Group, five of the investment schemes and associated companies be wound ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
The monthly Consumer Price Index (CPI) indicator rose 2.1% in the 12 months to October 2024, according to the latest data from the Australian Bureau of Statistics (ABS), in line with the Reserve Bank of Australia's (RBA) target range. "Annual inflation ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... Economics and Management at the MIT Sloan School of Management. He also previously served as chair of the Maryland Financial Consumer Protection Commission and was chair of the US Commodity Futures Trading Commission during the Obama administration. ...

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
Robeco has forecasted another challenging year for the global economy, marked by conflicting signals and complex dynamics, in its 2025 economic outlook titled This is not a landing. Robeco said the US economy shows signs of continued resilience, despite ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... and metrics to monitor performance and make decisions may fail to identify and address significant issues, resulting in consumer harm." ASIC stated that trusteed should adopt consumer-focused performance objectives for handling such claims that cover ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... support Australians' financial security in retirement," Chalmers said. Lastly, the government has asked for enhanced consumer guidance via ASIC's Moneysmart website, with a focus on retirement options. "The superannuation system is reaching a ...

Betashares Direct slashes brokerage fees on ASX 300

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
Betashares has announced zero-brokerage investing for over 300 ASX-listed shares through its platform, Betashares Direct. The feature complements the platform's existing brokerage-free offering on all ASX-traded ETFs. By eliminating transactional brokerage ...

TWC launches Global Wealth Creators Fund

MATTHEW WAI  |  MONDAY, 18 NOV 2024
... index, in a concentrated portfolio of 15-30 business across technology, communication services, industrial, health care, consumer and financial sectors. It systematically classifies companies into distinct stages of their industrial life cycle, ensuring ...