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Showing 531 - 540 of 7371 results for "Consumer"

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
The financial advice profession "lacks consistent protocols" for handling suspected financial abuse and there are insufficient whistleblower protections, according to the Financial Advice Association Australia (FAAA). In its submission to the Parliamentary ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
Capital Group - which has US$2.7 trillion in equity assets under management - has identified three megatrends poised to upend industries and kick down the doors to fresh investment opportunities. The Californian headquartered investment manager, that's ...

Aussies' financial literacy declines, young people fare the worst

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... financial capability ecosystem and to identify gaps and opportunities. Convening stakeholders, including community and consumer organisations, educators, academics, peak bodies, philanthropic partners, industry, and government to ensure collaborative ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
The US share market made a comeback in May after a decline in April following moderating inflation data and weak consumer spending offered investors some optimism that interest rate cuts may be around the corner. Trading data from Selfwealth found Nvidia ...

Cbus recruits chief risk officer from Crown

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... previously the chief compliance officer for conduct and regulatory relationships at Westpac and before that looked after the consumer bank's risk functions. She worked at NAB for 15 years in compliance roles that included global markets, and institutional ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... board last met, that seems appropriate. Inflation remains stubbornly high," Miller said. Miller said the April monthly consumer price index (CPI) indicator exhibited ongoing "stickiness", as did the price and labour cost indicators contained in the NAB ...

Advisers call for apology from Super Members Council

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2024
... everyone to work together to secure the swift passage of these reforms" that extend access to financial advice with strong consumer protections to more Australians and are currently before parliament. Such reforms will ensure millions of Australians ...

AFCA seeks industry feedback on approaches

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback from the financial services industry on its proposed annual Approach document schedule for financial year 2024-2025. AFCA Approach documents support consumers, small businesses ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... only cover superannuation products, not financial advice services. "Anti-hawking laws should be tightened, and current consumer protections locked into law to stop dodgy financial advisers using click-bait social media posts, cold-calls and pressure ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... the thing keeping him up at night is trying to make sure that inflation comes down without smashing the economy. Annual consumer price index inflation peaked at 7.8% in the December quarter of 2022 and has since declined to 3.6% as of the March quarter ...