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Showing 61 - 70 of 101 results for "Consumer Protections"

FPA pushes tax deductible incentives

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
... need of assistance in managing their finances will reduce the cost of advice for consumers while maintaining consumer protections and advice quality," Marshan said. The FPA is encouraging the Government to engage the Productivity Commission in examining ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... welcomed step forward, but there is more to be done to resolve the issues surrounding the culture, practices and consumer protections in the financial services sector. Collins warned the public to keep a close watch on who the government appoints to ...

Is default super dated?

DARREN SNYDER  |  TUESDAY, 8 NOV 2016
... said. Among several points the FSC is advocating for a default model that has market-based competition with consumer protections; it rejects implementing any form of auction model; and says the industrial system results in sub-optimal outcomes for consumers. ...

New life insurance standards for super

KERRIE SYDEE  |  THURSDAY, 3 NOV 2016
... to be binding, enforceable and contain mechanisms for independent administration and monitoring to enhance consumer protections. The Code is expected to be finalised prior to the end of 2017, with improvements to industry practice to be progressively ...

Default super system splits industry

DARREN SNYDER  |  WEDNESDAY, 21 SEP 2016
... Productivity Commission to expand the compulsory super default safety net to cover all employees and design consumer protections to prevent workers being cross-sold under-performing super funds by banks.

Government pushes "regulatory sandbox" for fintech startups

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
... services that can be provided in a testing capacity," "the ability for sophisticated investors to participate," consumer protections "such as membership of an external dispute resolution scheme," compensation arrangements and modified conduct and disclosure ...

SEC seeks comment on Accredited Investors

ALEX DUNNIN  |  THURSDAY, 14 APR 2016
... is someone who is defined as having sufficient capital to justify that they don't need additional retail consumer protections and so financial services groups may make available to them, in a reduced compliance setting, investment products and opportunities ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
... sectors over a recent period of time. Some of these have led to legislation, increased regulation and better consumer protections and outcomes," Loane said. "Where poor practices have been identified the financial services industry has led reviews to ...

FSC defends industry self-regulation

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
... regulators. "The Code will commit life insurers to strong standards of customer service, and will enhance consumer protections in the key areas of underwriting and claims." "The development of industry self-regulation is common across financial services ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
... The Greens, however, considered that "this rushed legislation was a missed opportunity to further improve consumer protections like banning the rorting of commissions on life insurance products." O'Dwyer made clear that this unexpected move by the Government ...