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Showing 651 - 660 of 3582 results for "Consumers"

TAA calls for prudent pace for reforms

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
... espoused by the Australian Law Reform Commission. "Let's look very closely at the potential impact of any changes on consumers, advisers and other stakeholders before we leap," TAA chief executive Neil Macdonald said. With similar goals to the ALRC ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Super Consumers Australia has launched a new consultation attempting to calculate exactly how much Australians need to retire in comfort. One of the findings of the Retirement Income Review was that retirees do not confidently spend their retirement ...

Advisers cautious of election promises

KARREN VERGARA  |  THURSDAY, 3 MAR 2022
... for the first 100 days, he will ensure that the advice business model is viable, advisers are well remunerated, and consumers are able to access their services. "There's also a long process of consultation that is needed with the profession and with ...

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... documentation requirements is also on the table. By way of example, Hume wants Statements of Advice to be more helpful for consumers and less burdensome for advisers to prepare. As flagged late last year, Hume introduced the federal government's ...

Winner of Gwen Fletcher Memorial Award 2022 announced

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 MAR 2022
... application. The program equips financial planners with the skills to deliver the highest quality of advice to Australian consumers."

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... Abood is calling for the elimination of layers of legislation that advisers face that ultimately comes at the expense of consumers. "Financial planners are not lawyers, but it may be that the regulatory and compliance requirements under one Act and Regulator ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... reminder to maintain robust internal controls and compliance systems. "Firms are responsible for ensuring they only charge consumers for services they provide. If they fail in this obligation, they face significant penalties," she added. Aware FS admitted ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
... proposed Compensation Scheme of Last Resort regime closer to passing, there are fears it will fall short of protecting consumers. The Senate Economics Legislation Committee released a summary of the proposed bill, with input from industry stakeholders ...

The Advisers Association appoints chair

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... representing our members and are committed to collaborating with other associations and key stakeholders to ensure Australian consumers can have access to quality, affordable advice, without reducing necessary consumer protections. "We will also engage ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... in its inquiry into the collapse of the Sterling Income Trust is urging ASIC to take more action in a bid to protect consumers. Speaking at the Parliamentary Joint Committee on Corporations and Financial Services on February 11, ASIC chair John Longo ...