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Showing 61 - 70 of 73 results for "Consumer trust"

ASIC sets up special robo-advice taskforce

LAURA MILLAN  |  FRIDAY, 6 NOV 2015
... steps to help industry take advantage of the opportunities on offer while ensuring that investor and financial consumer trust and confidence is not compromised," Medcraft said.

ASIC revenue and investigations decrease in 2015

ALEX BURKE  |  MONDAY, 2 NOV 2015
... Commonwealth compared to the previous corresponding period. On the issues pertaining to investor and financial consumer trust and confidence, fewer investigations were commenced over the past year (77 compared to 97 in 2013-14) and fewer surveillances ...

No industry is immune from poor culture risk: ASIC

STAFF WRITER  |  TUESDAY, 22 SEP 2015
... John Price said. Speaking at the 2015 Customer Owned Banking Convention in Darwin, Price told the audience that "consumer trust and confidence in our financial institutions has been tested, and sometimes significantly eroded, due to poor behaviour by ...

ASIC would "rarely" ban products

ALEX BURKE  |  MONDAY, 7 SEP 2015
... continued, the industry and regulators "have a common interest in seeing innovation that fosters investor and financial consumer trust and confidence - innovation that helps investors, but does not harm them." He added that "most interventions would ...

ASIC to foster fintech growth

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
... industry take advantage of the opportunities on offer; but we also want innovation that fosters investor and financial consumer trust and confidence," Medcraft said. He said ASIC will make itself more accessible to new types of businesses including a ...

ASIC looking to introduce civil laws to punish corporates

DARREN SNYDER  |  WEDNESDAY, 3 JUN 2015
... where poor practices may increase the potential for poor conduct, and therefore increase the risk to investor and consumer trust and confidence. ASIC also intends to add corporate culture into their risk-based surveillance reviews; use surveillance findings ...

FSC advice regulation plan leaves AMP cold

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... Financial Services Council's proposal, as one of the practical steps in a series of initiatives underway to rebuild consumer trust across the industry." An ANZ spokesperson said that "we are supportive of the FSC's proposal to establish an independent ...

BT asks for full adviser disclosure to consumers

LAURA MILLAN  |  MONDAY, 21 JUL 2014
... increase the protection available to consumers." The AFA chief executive Brad Fox admitted that "the rebuilding of consumer trust in financial advice will need to overcome several hurdles, but the adviser register is a step in the right direction." "Transparency ...

AFA mulls fresh approach to FOFA code of conduct

LAURA MILLAN  |  TUESDAY, 19 FEB 2013
... and the regulator," Fox said. "We believe codes should be about driving adviser behaviour; behaviour that builds consumer trust and designing a code to circumvent elements of the law is at odds with the intended purpose of professional codes, which are ...

Online speed nurtures consumer trust

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... attempting to bring high-value transactions and interactions online, that speed will be essential in establishing consumer trust, said Rohan. Another area that businesses should capitalise on is data harvesting, he said. "If you are in banking, if you ...