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Showing 751 - 760 of 7373 results for "Consumer"

Aware Super migrates members to Bravura platform

ANDREW MCKEAN | MONDAY, 24 JUL 2023

Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

ASIC lifts ClearView interim stop order

KARREN VERGARA | FRIDAY, 21 JUL 2023

ASIC has lifted its interim stop order after ClearView swiftly amended the deficiencies in its Target Market Determination (TMD). The interim stop order applied to Clearview Life's ClearChoice Income Protection Cover and Accidental Income Protection ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN | FRIDAY, 21 JUL 2023

... minimum," Hillier said. "That's an incredible insight in that advice alone is not enough. It's not just about giving the consumer confidence; it's also giving advisers the confidence to provide advice to get people to spend more. "So, it's about ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON | THURSDAY, 20 JUL 2023

... chief executive Peter King said. While the restructure primarily includes introducing dedicated group executives for consumer banking and business banking and creating an expanded shared services team, it will also see the closure of the Specialist Businesses ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA | WEDNESDAY, 19 JUL 2023

ClearView has copped an interim stop order on two of its life insurance products after ASIC found deficiencies in its Target Market Determination (TMD). The interim stop order applies to Clearview Life's ClearChoice Income Protection Cover and Accidental ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI | TUESDAY, 18 JUL 2023

... observations that inflation was forecasted to remain above target for an extended period. "Members noted that several Consumer Price Index (CPI) categories for which inflation was typically quite persistent already had too high inflation, including rent ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA | TUESDAY, 18 JUL 2023

... members' needs. "Trustees must get the fundamentals right - their retirement income strategies must be designed with consumer needs in mind and be evidence-based. They need to be mindful that their members' needs evolve over time and commit to ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS | FRIDAY, 14 JUL 2023

The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI | FRIDAY, 14 JUL 2023

... investigating OpenAI, the artificial intelligence research firm that owns ChatGBT, to evaluate possible negligence and consumer harm. In a 20-page document sent to the Microsoft-backed AI firm, regulators demanded detailed records of OpenAI's policies ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN | THURSDAY, 13 JUL 2023

... potential inflation problems. Also, the fact that consumers still have too much excess savings, is leading to excessive consumer spending, suggesting that the Reserve Bank of Australia (RBA) probably needs to hike rates again," Mousina said. Australia's ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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Digital assets and where they stand in 2026

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Rethinking default design in a changing market environment

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