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Showing 871 - 880 of 3582 results for "Consumers"

ASIC unveils school banking program review

KARREN VERGARA | WEDNESDAY, 16 DEC 2020

... programs are linked to a broader customer-acquisition strategy, the report found, adding that young children are vulnerable consumers and are exposed to sophisticated advertising and marketing tactics by the banks. Interestingly, 84% of parents surveyed ...

Personal finance app retires Australian business

KARREN VERGARA | TUESDAY, 15 DEC 2020

... in 2012. It launched in Australia in 2017. In the same year, the federal government introduced CDR, aiming to empower consumers to share and control their data to help them switch between providers. It formed a partnership with Rollit Super last year ...

Regulators alert trustees of new obligations

KARREN VERGARA | TUESDAY, 15 DEC 2020

... warned. These obligations apply to trustees' choice product offerings and how they are designed for a targeted set of consumers. Trustees must review the target market determination (TMD) periodically to ensure that it remains appropriate. The two ...

Investment scams most profitable

ELIZA BAVIN | TUESDAY, 15 DEC 2020

Australians falling victim to scams rose around 20% in November, with investment scams taking the most money from consumers at around $9.5 million, according to the ACCC. In November, money lost to all types of scams rose to $18.7 million, up 20.2% ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR | MONDAY, 14 DEC 2020

ASIC has published a new report, aiming to determine whether consumers are receiving value for money in default insurance in superannuation. Report 675 Default insurance in superannuation: Member value for money explores metrics that ASIC said can help ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR | FRIDAY, 11 DEC 2020

... that this could have caused investors to misunderstand the inherent risk in investing through these products, leading consumers to think they are as safe as bank term deposits.

Design, distribution obligations guide released

KARREN VERGARA | FRIDAY, 11 DEC 2020

... financial services industry has been released. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by requiring issuers and distributors to have a "consumer-centric approach" to the ...

US regulator, states sue Facebook

JAMIE WILLIAMSON | THURSDAY, 10 DEC 2020

... of Instagram and WhatsApp which Facebook acquired in 2012 and 2014 respectively, saying these acquisitions provided consumers with no alternative to Facebook. They also wish for Facebook to be prohibited from imposing anti-competitive conditions on software ...

Government to wind up FASEA

KARREN VERGARA | WEDNESDAY, 9 DEC 2020

... While there is still much work to be done, we support moves that remove red tape for advisers and improve outcomes for consumers," Kewin said. This article was updated on December 10.

Advisers should service cashed-up investors: FCA

KARREN VERGARA | FRIDAY, 4 DEC 2020

... the UK's retail financial advice industry found that while it is slowly improving, a large gap exists to service consumers sitting on piles of cash. One of the key takeaways from The Financial Advice Market Review, conducted by the Financial Conduct ...

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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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