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Showing 761 - 770 of 3582 results for "Consumers"

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
... this version sets out to do," Loane said. "We look forward to working with all stakeholders to ensure the Code gives consumers the confidence to get life insurance and trust that it will work as they expect and when they need it." Feedback on the latest ...

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... Mennen raised concerns about the design of the CSLR in a submission to Treasury, noting that a significant number of consumers could be ineligible for compensation under the scheme. The CSLR as it is drafted will only help consumers after the Australian ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... unemployment expectations jumped sharply (13.7% to 124.6). The longer the lockdown, the longer the pessimism among Australian consumers. This, in turn, will have a self-feeding impact on consumer spending, business confidence and spending and a round ...

Industry associations slam last resort scheme

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... significantly increases the government's administration costs of the financial advice sector with little benefit to consumers, the associations said. "Responsibility for consumer losses and complaints should be shared evenly across the sector. However ...

ASIC outlines approach to reforms amid uncertainty

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
... licensees in preparing for these reforms," he said. He added that the reforms are intended to produce fairer outcomes for consumers and to strengthen the financial system. They will also provide ASIC with greater visibility of issues in the marketplace ...

Asendium partners with regtech

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... clients can create advice documents faster than ever before, but with the robustness expected of leading advice firms, and consumers." Fourth Line was established in 2019 in conjunction with law firm Mills Oakley in response to the Hayne Royal Commission. ...

UK pension funds commit to manager diversity

JAMIE WILLIAMSON  |  WEDNESDAY, 4 AUG 2021
... levels across financial services firms," the group said. "A balanced workforce is good for business - it is good for consumers, for profitability and workplace culture, and leads to better investment decisions." At launch the charter already has 17 signatories ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... retirement. Licensees need to have proper systems and processes in place to monitor the advice given by advisers to make sure consumers are protected," she said. The penalty hearing for RI Advice and Doyle is yet to be determined. A case management hearing ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... value destruction. It would be a more efficient use of the parliament's time to explore the regulatory impact on consumers and funds from continuous tinkering to the system and whether this constant change has created regulatory arbitrage with other ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs. Appearing before the Standing Committee on Economics on Thursday ...

Editor's Choice

Global X awards mandate for ETF business

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

Bell Asset Management launches small-caps fund

KARREN VERGARA
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
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
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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