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Showing 881 - 890 of 7373 results for "Consumer"

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
Former Perth financial adviser Rahul Goel and Sydney-based adviser Sean John Sweeney have been permanently banned from having any involvement in financial services. In December last year, Goel was sentenced to three years in jail for fraud offences ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... insurers like QBE and IAG which have a captive market and pricing power. He had a more pessimistic outlook about the consumer discretionary sector, which had an underwhelming performance on the ASX in 2022, lagging the benchmark by 19%. "The challenging ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... Commission," an adviser stated. Levy acknowledged industry fears that funds have conflicting interests which could lead to poor consumer outcomes but stressed the proposals do not fundamentally change the advice funds can provide nor the way that advice ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
Consumer bodies have criticised the Quality of Advice Review's final report, saying the proposals create a two-tier system whereby poorer Australians will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
Financial advisers and non-relevant providers should share the load when it comes to giving simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... are quick wins. These recommendations are broadly supported across the sector and have the potential to quickly improve consumer outcomes. They will also enable financial advisers and planners to provide advice more quickly and lower the costs involved ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... been historically," another analyst said. The most hard-pressed businesses over the next year will be those dependent on consumer spending. "Many companies may have partially insulated themselves from the immediate effects of rising US and European interest ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... Chalmers and assistant treasurer and minister for financial services Stephen Jones said government reforms will bolster consumer protections. "We will establish a set of obligations and operational standards for crypto asset service providers to ensure ...

Grow Inc partners with data services firm

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
The superannuation administrator is working with Novigi to help ease the transition process for new super fund clients onto the Grow platform. Novigi will assist in supporting Grow and incoming funds throughout and following the implementation process ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... responsible Quality of Advice Review must increase access to quality financial advice, while maintaining appropriate consumer protections." The JAWG believes that for the government's financial advice package to be successful, it must prioritise the ...