Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 7399 results for "Consumer"

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... (DAPs) and tokenised custody platforms (TCPs) to acquire an Australian financial services licence (AFSL) and oblige with consumer protection requirements. Bollen said 23 firms that contain crypto-related activities have since obtained their licence to ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
The Australian Securities and Investment Commission (ASIC) has launched a new initiative aimed at helping consumers identify legitimate financial services websites and reducing the growing threat of imposter scams across the sector. ASIC is now collecting ...

Budget changes could drive SMSF adoption: FAAA

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... chief executive Sarah Abood said. Abood warned the carve-out for superannuation could become "the next sphere of extreme consumer risk", noting an increase in social media advertising promoting SMSF property investment since the Budget announcement. ...

ACCC approves Magellan, Barrenjoey merger

KARREN VERGARA  |  MONDAY, 15 JUN 2026
The Australian Competition and Consumer Commission (ACCC) has greenlit the merger between Magellan Financial Group and Barrenjoey Capital Partners. The deal, which has an implied valuation of $1.6 billion, is expected to finalise in early July. The ...

ASFA lifts comfortable retirement standard to $730k for couples

KARREN VERGARA  |  MONDAY, 15 JUN 2026
The benchmarks for a comfortable retirement have hit $730,000 for couples and $630,000 for singles, yet many Australians believe they will need more than $1 million to be financially at ease in their twilight years. This is according to the Association ...

Accounting sector rejects shifting CSLR costs to SMSFs

VINNY VUCAGO  |  THURSDAY, 11 JUN 2026
... superannuation funds (SMSFs), warning the move would unfairly penalise investors while failing to address the root causes of consumer losses. In a joint submission, CPA Australia, Chartered Accountants Australia and New Zealand and Institute of Public ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
Two years since ASIC cracked the whip on superannuation funds to improve death benefit claims handling practices, a follow-up review found very little to no improvements have been made. ASIC's review of 45 trustees found varying degrees of urgency ...

FEATURE | Aged care: The longevity dividend

ELIZA BAVIN  |  TUESDAY, 9 JUN 2026
... are typically what we call high growth," Lam says. "During market downturns, more resilient sectors like healthcare and consumer staples will tend to do quite well. So having that within a portfolio during those times can be really handy." Lam says the ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... consulted on prescribing certain lead generation activities as a type of financial service, where those activities influence consumer decision making in relation to financial products or services. Treasury said it would also target specific actions of ...

Treasury releases adverse genetic test results ban draft regulation

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
Treasury is seeking feedback on draft regulations that ban the use of adverse genetic test results in life insurance, which come into effect on October 8. The draft regulations under Insurance Contracts Amendment (Genetic Testing Protections in Life ...