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Showing 861 - 870 of 3582 results for "Consumers"

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
The House of Representatives Standing Committee on Economics has accused Future Super and Verve of misleading consumers who are unlikely to understand the funds' relationship to Diversa Trustees. During questioning, Liberal MP and committee chair ...

Investment Trends names new head of research

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... Irene in guiding our world class team of industry experts," Brennan said. "Investment Trends is ever focused on giving consumers a voice and improving outcomes in all markets we explore, and Irene and the team will strive to provide the highest quality ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... flagged the opportunities the Morrison government will take to ultimately boost the financial advice industry and protect consumers. "Not only is the sector going through the process of professionalisation, but the industry is also adapting and innovating ...

Fidelity enters UK advice market

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... personal investing Simon Gibbons said there is a continued and growing need for financial advice services which help consumers to optimise their wealth as effectively as possible. "The introduction of pension freedoms, increased longevity, and the transfer ...

The barriers to limited advice: Licensees

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
... Securities and Investments Commission's (ASIC) latest consultation paper, Promoting access to affordable advice for consumers, is giving not only advisers but also licensees the chance to voice their opinions on the issues relating to the supply of good ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... "The provision of misleading information about SMSFs undermines the SMSF sector and limits the ability of Australian consumers to make confident and informed decisions about their superannuation savings," ASIC said. The regulator is seeking declarations ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... comparison tool should include administration fees to provide an overall net outcome measure. This will avoid confusing consumers and give them an accurate basis for comparison. This is in line with the PC's approach which included administration ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
Charles Schwab UK has been fined $15.6 million for failing to protect consumers and lying to the regulator. CSUK has to cough up GBP8.96 million for a number for safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting ...

Missing Caddick's mansion on the line

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... provided through websites, social media, cold calling and seminars," the regulator said. "ASIC is concerned because consumers unknowingly receiving unlicensed advice do not have the same protections afforded to them under the law when they receive advice ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... clients through extreme market volatility while getting used to meeting clients over Zoom rather than in the office. Consumers were crying out for advice, with so much seeming uncertain. Advisers were gifted some regulatory relief, but they still had ...