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Showing 71 - 80 of 3273 results for "Consumers"

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... holding tokens, custody software, and transacting tokens. "The Albanese government is acting methodically to ensure that consumers are adequately protected, and innovation can flourish," they said. "Our proposals have been designed to ensure they're ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... abroad, the Australian dollar's value increases. This results in Australians paying less for imports, while foreign consumers face higher costs for domestic goods and services. "An appreciation of the Australian dollar would contribute directly to lower ...

ReCALIbrate grant winners announced

CHLOE WALKER  |  MONDAY, 9 OCT 2023
... crucial to effective and impactful advice. "ReCALIbrate aims to promote more diversity among financial advisers so that consumers receive appropriate advice that is relevant to them," she said. CALI board member and Clearview Wealth managing director ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... Life). In June, Gen Life commissioned global research company Censuswide to conduct a study of 2000 adult Australian consumers to gain both quantitative and qualitative insights into what legacy means to them, their financial goals, the financial vehicles ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... the letter, the Financial Conduct Authority's director of consumer investments Lucy Castledine outlined "key harms" to consumers the regulator has identified across platforms. First, she said fees and charges may not represent fair value, "especially ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... proud of the work the FSC has undertaken to deliver the Life Code, and the positive impact it has had on life insurance consumers. The latest version of the Life Code was effective July 1, and expands on the important work completed by the FSC when the ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... Betashares is set to acquire Bendigo and Adelaide Bank's superannuation business, in a move labelled great news for consumers. The ETF provider will buy Bendigo Superannuation, taking on its $1.4 billion in funds under administration and more than ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... product to those offered by various banks. ASIC explained that in this time, Bobbob made representation that may have led consumers to believe the crypto-asset linked investment product was approved or licensed by the regulator. Further, that the product ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... licensees to align their remediation practices with the standards. "Getting remediation wrong is very costly - costly to consumers who bear the burden of a financial firm's mistakes, but also very costly for firms who have to re-do remediations and repair ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... products will continue to be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers." "ASIC's action should be a reminder of the importance to comply with the design and distribution obligations so that financial ...