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Showing 41 - 50 of 71 results for "Consumer trust"

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... targeted and have no unintended economic consequences. "The Government has laid out a blueprint for strengthening consumer trust in the financial services industry. The FSC calls on all parties to finalise this unprecedented and stringent package of ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
... reforms," ASIC deputy chair Peter Kell said. "However, there is further work to be done to assist in re-building consumer trust and confidence in the financial advice industry."

Open data would protect advice industry: Adviser Ratings

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2017
... financial advice firms, advisers and licensees would assist in the process of professionalising and re-establishing consumer trust in the industry. "In the US, they have an open data system which we've been campaigning ASIC to introduce here, whereby ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... Amendment (Professional Standards of Financial Advisers) Bill, emphasising the government is committed to building consumer trust and confidence in the financial advice industry. Notwithstanding their support, Labor still believes more needs to be done ...

Make advice go viral

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2016
... practices should be more engaged with social media in order to spread the benefits of financial advice and build consumer trust. The pressure on businesses to have a digital presence is ever increasing, with the societal expectation surrounding it now ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
... statement by the industry" and AIA referring to the Code as "a landmark agreement to further the industry in building consumer trust in life insurance." MLC Life Insurance chief executive David Hackett said: "We support and have signed this Code with ...

Adviser reform about recovering social licence

MARK SMITH  |  THURSDAY, 6 OCT 2016
Risk advisers must accept controversial reforms are about salvaging consumer trust and should unite to rebuild it rather than drive the industry apart, a panel of insurance industry stakeholders said on day two of the AFA's annual conference. Risk adviser ...

LT Management fined over false SMSF advertising

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
... Commenting on the case, ASIC deputy chairman Peter Kell said: "Accuracy in advertising is integral to maintaining consumer trust and confidence in the SMSF sector. Such conditions should be clearly stated so that consumers can make an informed decision. ...

Advisers need to control the finance food chain

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... and building strong client relationships to better understand their needs and objectives will result in greater consumer trust of the industry. "You want to be great at that human connection and client relationship to build that trust, because that's ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... listed the five key long term challenges which pose a threat to its vision as: aligning conduct with investor and consumer trust and confidence; digital disruption and cyber security; structural change through market based financing; complexity in financial ...