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Showing 531 - 540 of 3579 results for "Consumers"

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... she is mindful that is still a continued concern. "I come back to what is my job; my job is to help get more advice to consumers," she said. "I don't think that it's possible for the 16,000 financial advisers that there are today - hopefully ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... settlement is without admission of liability and remains subject to court approval. The class action followed claims consumers were sold credit insurance without consent when taking out credit cards and personal loans. It was further alleged that ANZ ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... Australia... so we think the natural advantage we have is the existing brand and capabilities with advisers and several consumers, and that's what we're going to focus on first," he said. "There's no doubt there's really healthy competitors ...

ASIC issues more stop orders

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
... things, ASIC was concerned that Finnia's TMD did not adequately describe the objectives, financial situation and needs of consumers likely to be in the target market in an objective manner. Instead, it primarily focused on the features of the offer and ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... Though, as previously reported by Financial Standard, ASFA's Retirement Standard was labelled too high by Super Consumers Australia. The consumer body said a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income ...

CALI backed by industry

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... essential role to play in driving positive outcomes through engagement with our stakeholders, including government, consumers, their representatives, and regulators." Membership of the CALI board has also been finalised, with representatives from AIA ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
... medium to long-term strategic approach in this space, and by strengthening our own capabilities." "The way companies, consumers and regulators around the world respond to these issues will continue to evolve over time," Longo said. "We too must remain ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... compliance requirements has resulted in financial advice becoming unnecessarily complex and as a result, expensive for consumers and practitioners." "The industry has been haemorrhaging advisers for some time now, significantly reducing the advice capacity ...

Scientiam, DASH launch easy fund exit service

CASSANDRA BALDINI  |  WEDNESDAY, 2 NOV 2022
... strategic personal advice. Baker concluded that research like the recent Stockspot Fat Cats Report proves that too many consumers are trapped in outdated, unsupported and underperforming products. "Some of these underperforming products are a ticking ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... wider sustainability claims. FCA director of environment, social and governance Sacha Sadan said: "Greenwashing misleads consumers and erodes trust in all ESG products. Consumers must be confident when products claim to be sustainable that they actually ...