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Showing 851 - 860 of 3583 results for "Consumers"

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... Members of merged superannuation funds are $15,000 better off in retirement, new research shows. An analysis by Super Consumers Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at eight ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... active in the SMSF sector. The watchdog is taking the appropriate actions against any misleading information provided to consumers, Press said, making Squirrel Superannuation as a case in point. "The provision of misleading information about SMSFs undermines ...

Review of AFCA underway

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... substance of its decision can be reviewed. The review asks for feedback on how such a mechanism should operate to ensure consumers and small business have access to timely decisions by AFCA. "The establishment of AFCA represented significant reform of ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... for AFCA said: "As chair of AFCA, Helen Coonan has helped to establish a world-class ombudsman service that is free to consumers and small business, and binding on financial firms. During her time as chair, AFCA has assisted over 153,000 Australians ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... barriers to limited advice, launching an industry consultation under CP332 Promoting access to affordable advice for consumers, with many stakeholders pushing for expanding the constraints of scaled advice. Forman said there is currently a lack of clarity ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... new stapling rules, the Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck warned that consumers are at risk of being stuck in dud funds. "If stapling occurs before underperformance is substantially addressed, members who ...

How to attract high net worth clients

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... exhibit affinity to premium (22.8%) and purposeful (31.9%) brands. Across all income brackets, purposeful brands speak to consumers. However, those earning less than $75,000 a year are more likely to have affinity for plain brands (36.6%). "Generally ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... Financial Outlook) prediction for the jobless rate to "peak at 71/2 per cent in the March quarter 2021". Because of this, consumers and businesses are growing more confident. The Westpac-Melbourne Institute index of consumer sentiment increased by 1.9% ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... rate of $5 billion a week. And then there were three. Fiscal money, RBA money and confidence - both among Australian consumers and businesses. The Westpac-Melbourne Institute index of consumer sentiment increased by 1.9% in February from 107.0 in January. ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... proving to be strong investment strategies," he said. Wilson argued that some of the ETFs holdings might not be what consumers expect. He specifically named the BetaShares Australian Sustainability Leaders FAIR ETF's holding in Cleanaway, which amounts ...