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Showing 711 - 720 of 3582 results for "Consumers"

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... promoting the Ultiqa Lifestyle Scheme did not meet consumers' best interests and circumstances. ASIC claims that some consumers did not seek advice regarding the scheme, and some were not aware they were receiving financial advice. Consumers told ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... sure people are only stapled to the best funds that have passed the performance tests," Dean said. Meanwhile, Super Consumers Australia welcomes the stapling measure but is calling on the government to ban occupational exclusions from default life insurance ...

Major legislations hit parliament

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... including the Compensation Scheme of Last Resort. The scheme facilitates the reimbursement of up to $150,000 to compensate consumers affected by bad personal advice, credit intermediation, securities dealing, and credit provision should their case fail ...

New FSC board appointment

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... aftermath. "Sally strengthened the FSC's contributions in a range of important policy areas - for our industry and the consumers we serve; supported our members as they sought to undertake an extensive program of regulatory change; and expanded the ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... costly to obtain personal financial advice. OpenInvest's technology will enable us to more readily help these retail consumers access our funds management expertise." OpenInvest co-founder and chief executive Andrew Varlamos said making the services ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
Super Consumers Australia is calling out several superannuation funds for maintaining junk insurance that embed restrictive disability tests. NGS Super, AMP, TelstraSuper, Prime Super and Spirit Super carry the most restrictive insurance policies compared ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... positive impact on financial literacy. Instead, it found they used sophisticated marketing techniques to target vulnerable consumers," he said. An investigation by CHOICE found that Dollarmites was "sticky" and that 46% of Australians opened their first ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... longer do factories have to hoard stocks out of fear that prices would be more expensive in the future. Think of all the consumers who no longer have to worry that their wages will be eroded by rising prices as the costs of the utilities, goods, and ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... Briggs. "Sally strengthened the FSC's contributions in a range of important policy areas - for our industry and the consumers we serve; supported our members as they sought to undertake an extensive program of regulatory change; and expanded the FSC's ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... costly to obtain personal financial advice. OpenInvest's technology will enable us to more readily help these retail consumers access our funds management expertise." Varlamos added: "The current zeitgeist - a proliferation of online trading apps, with ...