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Showing 961 - 970 of 3582 results for "Consumers"

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
There is a gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG. KPMG surveyed more than 1500 consumers in May to ask them about their experiences ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... care, managing a pay negotiation or if they are going through divorce or separation," Hobbs said. However, Lusher said consumers should be aware that while they're not paying out of pocket they are still paying. "Members should know where the money is ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... than 80,000 complaints in the last 12 months, with AFCA securing $258.6 million in compensation and refunds direct to consumers. People made 80,546 complaints to AFCA between 1 July 2019 and 30 June 2020, marking a 13.7% increase in monthly complaints ...

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... conduct within the OTC retail derivatives market. "ASIC has and will continue to take strong regulatory action to protect consumers of these products."

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... providing financial advice for advisers and the reduction in access and affordability of financial advice for Australian consumers was a focus for both associations during the hearing. Liberal MP Jason Falinski asked whether "dumb" legislation had resulted ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... decided to do so. Central banks and governments can flood the system with all the money they have, or can print, but with consumers not allowed out and/or businesses shuttered, the deluge of liquidity amounts to... not much. The reopening of businesses ...

Fintech acquires licensee

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... into the group chief operating officer role. "This acquisition allows a unified and streamlined approach to provide consumers an accessible personalised service. The use of the fintech will assist in lifting the financial barrier many consumers may experience ...

FPA, TPB to share information

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... welcome the opportunity to work more closely with the TPB on encouraging professional behaviour for the protection of consumers." TPB chair Ian Klug said the tax organisation had received several expressions of interest from other professional organisations ...

Rice Warner questions super return targets

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... challenge whether the future will be as benign as the recent past," Rice Warner said. The firm said it is ironic that many consumers are still likely to use past performance to compare funds, even though the industry is constantly at pains to emphasise ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... outright scams. The corporate watchdog saw a 20% increase in scam reports from March to May this year, with Australian consumers falling victim to opportunistic scammers. ASIC executive director for assessment and intelligence Warren Day said COVID-19 ...