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Showing 481 - 490 of 7371 results for "Consumer"

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... strategic priorities for 2024-28. In alignment with the roundtable's insights, ASIC's Moneysmart is launching a consumer awareness campaign aimed at millennials that will spotlight the benefits of engaging with super early and often. Millennials ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

ASIC launches new AFSL portal

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
The Australian Securities and Investment Commission (ASIC) is piloting a new digital portal for licensing which includes the ability to apply for, maintain and vary Australian financial services licences (AFSL). The new AFSL portal was launched on August ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... (Cash) by 21.4%. A large portion of the portfolio is invested in financials (25.9%), followed by technology (17.3%), and consumer discretionary (15.2%). Life360 Inc., ZipCo, a2 Milk, HUB24, GQG Partners, and Premier Investments were some of the big winners ...

Insignia Financial hires expert to boost brand exposure

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... Commenting, chief executive Scott Harley said: "In terms of brands, there is strength and recognition in MLC, our primary consumer brand, that will benefit from investment to further build awareness in both the advised and direct-to-customer channel." ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
Liberal senator Andrew Bragg has introduced a bill to stop the Housing Australia Future Fund (HAFF) from investing in housing projects financed by Cbus. The bill would amend the Housing Australia Future Fund Act 2023 to include an additional limitation ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... of indicators are not consistent with a recession in the US at this stage," Hennessy said. "Other indicators such as consumer spending and business investment are still growing. We still believe the US economy remains on a soft-landing path, which is ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... months prior to it folding. That claim then progressed to the CSLR, which ultimately paid an undisclosed amount to the consumer on July 24. Sequoia Financial Group acquired Libertas in 2019, which had about 23 advisers and $1 billion in funds under management ...