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Showing 731 - 740 of 3582 results for "Consumers"

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
... Obligations and consent form rules until 1 July 2022 under the petition entitled Reducing the cost of financial advice for consumers. "The original objective of the parliamentary enquiry into the financial services industry was to ensure that consumers ...

Consumers lose out on IP changes

KARREN VERGARA  |  MONDAY, 27 SEP 2021
Almost one third of Australians don't know what income protection covers and could potentially lose out from the significant life insurance reforms that are just days away. This is according to a survey from comparison website Finder, which canvassed ...

Higher premiums a problem, not a trend: AFA

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... because income protection insurance or disability income insurance in particular is that is the core risk management tool consumers use to protect their most important asset - their ability to earn an income. We have to get this right for them."

AFA chief outlines vision

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... members to support you to deliver on our vision to guide more Australians to a brighter and more secure financial future. Consumers need to be able to afford advice for the common social good."

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation. Speaking on the first day of the Association of Financial Advisers national conference, the minister for superannuation ...

ASIC worried about finfluencers

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... is looking into the conflation of personal and general advice in the online influencer space and is concerned about consumers turning to influencers for advice. "The next step is for ASIC to deliver to assist the industry in overcoming these challenges," ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... (PI) held by licensees. FSC chief executive Sally Loane said: "For the CSLR to genuinely be a scheme of last resort for consumers ASIC must strengthen its oversight of existing requirements for advice licensees to have appropriate capital, professional ...

Super funds to front committee hearing

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... concentration of capital and common ownership structures causes negative outcomes for smaller retail shareholders and consumers more generally," MP Tim Wilson said. "This hearing gives the committee a chance to question the super funds on the real-world ...

ASIC prepares advisers for DDO

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
... distributed consistently with the Target Market Determination (TMD). The TMD is a written document that describes the class of consumers comprising the target market for a product, and sets out matters that are relevant to the product's distribution ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... to assess whether their product governance arrangements are appropriate, and their products are meeting the needs of consumers," the document read. Treasury said the proposed change stemmed from industry feedback and forms one of many amendments it wants ...