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Showing 521 - 530 of 3579 results for "Consumers"

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... "We are concerned that Block Earner offered financial products without appropriate registration or an AFSL, leaving consumers without important protections. Simply because a product hinges on a crypto-asset, does not mean it falls outside financial services ...

Winners are grinners: FPA awards

CHLOE WALKER  |  WEDNESDAY, 23 NOV 2022
... recognise individuals and businesses across Australia who deliver the highest standard of professional and trusted advice to consumers. "These awards shine a light on those making a difference to the financial planning profession, the financial services ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... to the ASIC levy freeze. "Another one of the quickest and easiest ways to make financial advice more affordable for consumers would be to make it tax deductible," she said. Abood wrapped up by highlighting the proposed merger with the Association of ...

Iress unveils Connectivity Network

CHLOE WALKER  |  WEDNESDAY, 23 NOV 2022
... from $2500 in 2017), which effectively shuts out around 40% of everyday adult Australians, Rogers added. "For those consumers that do get advice, the experience is often time-consuming, taking months from the first meeting with the adviser to when the ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... Credit Act in line with credit cards and other credit products. Providers would require an Australian Credit Licence, consumers would have to be able to set their own spending limits, fee caps would be included, and an "unsuitability test" would apply. ...

Property trusts hit with stop orders

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
... distribution obligations (DDO) because these conditions were not specific enough to make it likely for the trusts to reach consumers in the target market. Lastly, ASIC said that the TMDs did not adequately specify the information that distributors must ...

UK regulator warns trading apps over gamification

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... trading app operators to review the design of their platforms, saying gamification is being used in ways that mislead consumers and create problem behaviours. The regulator said design features like regular push notifications providing market updates ...

AFCA secures $900m in compensation

CASSANDRA BALDINI  |  MONDAY, 21 NOV 2022
... serious contraventions of the law to federal regulators, resulting in an additional $280 million in refunds to 6.5 million consumers. Locke commented that AFCA would prefer that complaints never reached it, but if they do the best outcome for everyone ...

We do get it: Levy

CASSANDRA BALDINI  |  FRIDAY, 18 NOV 2022
... can make advice more accessible and affordable," she said. "So, my focus isn't on the advisers - it's on the consumers. That's something I encourage your listeners to really keep in mind." In this episode of the Financial Standard podcast ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... single asset class. AFCA advised it received complaints that involved instances of advisers failing to adequately inform consumers of risks and providing poor-quality advice which wasn't appropriate for a client's circumstances or increased the chance ...