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Showing 751 - 760 of 3582 results for "Consumers"

Experts torn on inflation outlook

ELIZABETH MCARTHUR | TUESDAY, 31 AUG 2021

... there will be upward pressure on wages due to this tight labour market. This could feed the inflation story, allowing consumers to maintain spending power as prices rise. And she questioned whether there was really political will to control inflation ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD | TUESDAY, 31 AUG 2021

... fund passed or failed. "We have long said that habitually underperforming funds should undertake an orderly exit and consumers should be protected during that process," Fahy said. "But this test doesn't do that. Instead, it sets an arbitrary bright ...

Iress integrates DDO with Xplan

ANNABELLE DICKSON | MONDAY, 30 AUG 2021

... DDO legislation may not be complied with." ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by requiring issuers and distributors to have a "consumer-centric approach" to the design ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR | MONDAY, 30 AUG 2021

Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...

ASIC to ease hardline stance

KARREN VERGARA | FRIDAY, 27 AUG 2021

... Frydenberg said he expects ASIC to "minimise the costs and burdens of regulatory requirements for regulated entities and consumers". ASIC must ensure that its guidance is "not unduly prescriptive" and that it does not limit businesses' discretion ...

Madison delivers for Clime one year on

KARREN VERGARA | THURSDAY, 26 AUG 2021

... Donat is seeing a steady growth in the number of referrals. "Our advisers have seen increased demand for advice from consumers and with the combined advice and investment capabilities offered by our team, our business has seen a steady increase of average ...

ASIC outlines corporate plan

ANNABELLE DICKSON | THURSDAY, 26 AUG 2021

... areas of greatest harm. It plans to up the ante over poor product governance and design to mitigate the risk of harm to consumers as well as supporting enhanced cyber resilience and cyber security among ASIC-regulated entities. Further to this, ASIC ...

Westpac cops $10.5m fine

ANNABELLE DICKSON | TUESDAY, 24 AUG 2021

... seeking to influence those decisions by providing financial product advice, must comply with the law designed to protect consumers." In December 2018, the Federal Court ruled that Westpac Securities and BT Funds Management had breached the Corporations ...

Bragg renews calls for Future Fund to manage super

KANIKA SOOD | FRIDAY, 20 AUG 2021

... Future Fund, which doesn't have to pay taxes. The paper goes on to refer to Grattan Institute's Brendan Coates and Super Consumers Australia's Xavier O'Halloran as supportive of the idea of a default superannuation manager. Association of Superannuation ...

Unlicensed crypto platforms robbing investors

KARREN VERGARA | FRIDAY, 20 AUG 2021

... webpages and apps, and introducing geographically based IP restrictions (geo-blocking). This prevents more Australian consumers from accessing financial products provided by the unlicensed platform," ASIC said.

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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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