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

Search Results

Showing 41 - 50 of 101 results for "Consumer Protections"

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... lenders' merchant partners were not bona fide but, rather, were structured to evade otherwise applicable consumer protections," the regulator said.

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... this represents the true cost of doing business, they shouldn't be looking to shift blame onto important consumer protections for this added fee." A fee of this sort is not new. In 2018 Colonial First State introduced a 'regulatory reform fee' ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... way that does not leave consumers worse off and must operate in an environment of meaningful disclosure and consumer protections," AIST said in its submission. "In the event the Government decides to proceed with this legislation, AIST proposes that ...

Dover, McMaster found guilty

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... doublespeak". "The document did not protect clients. To the contrary, it purported to strip clients of rights and consumer protections they enjoyed under the law," the judge said. The judge accepted ASIC's submission that each time the policy was ...

ClearView ramps up risk, compliance

ELIZABETH MCARTHUR  |  FRIDAY, 6 SEP 2019
... professional who is passionate about promoting the long-term sustainability of the industry and strengthened consumer protections." "I have valued his counsel and advice as chief actuary and risk officer for the past eight years and I look forward to ...

FSC to enact binding standard on genetic testing

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... introduced as a standard rather than a code. He said: "We had originally planned to introduce a range of new consumer protections to the revised code by 1 July." "The industry doesn't want consumers to have to wait for new protections like the moratorium ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... every year is "outrageous," he said. "Even more worrying is that industry continues to lobby against sensible consumer protections, such as the Protecting Your Super Package currently before parliament, which would address these problems." Federal Treasurer ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... discretionary services in the life insurance industry that are outside contracts, disclosure and therefore relevant consumer protections." "While the committee has heard about such approaches being used for non-medical rehabilitation and the FSC's ...

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... of operation. "It is ironic that the major banks are lecturing credit unions and building societies about consumer protections," he said. "While we welcome constructive engagement with our listed bank peers, customer owned banking institutions object ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... underway and it is working with ASIC, consumer groups and other industry stakeholders to further improve consumer protections in the code. "Direct life insurance is an accessible and simple means of getting life insurance cover for many people. However ...