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Showing 1 - 10 of 36 results for "Consumer Choice"

Government looks to better define roles of regulators

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
... platforms play in the financial services industry are "critical", but a balance needs to be found between enabling consumer choice while making sure platforms undertake the right due diligence and stand behind the products they have on their systems. ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... option in isolation)," the A new framework for regulating Choice products report read, noting it also undermines consumer choice via product closure. Broad Choice products are typically administered on wrap platforms and have gained market share whilst ...

Hostplus member experience lead to exit

ELIZABETH FRY  |  THURSDAY, 5 OCT 2023
... his resignation after 12 years with the fund. Watson joined Hostplus in 2011 as executive manager, member and consumer choice. He's held several group executive roles since, before taking on his current role in December 2018. In a LinkedIn post ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... retirement, while 43% believe the Age Pension will suffice if their super savings deplete. Delving further into consumer choice and behaviour, the survey indicated that 11% of respondents hadn't switched funds because it was "too complicated", while ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... cases can take up to 15. In terms of what it's hoping to see come out of the review, MLC Life said there should be consumer choice in how to pay for advice. "To have a sustainable advice sector, commissions must continue to remain an option that supports ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... behavior through market inquiries, regulator and industry effort to disrupt scams and promotion of competition and consumer choice through the consumer data right. Cass-Gottlieb started by noting the COVID acceleration of digital payment methods namely ...

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Queensland University of Technology senior lecturer Elisabeth Sinnewe says some members may be lulled into a bad choice about superannuation when they read the performance test results. Sinnewe discussed the behavioural aspects of consumer choices ...

Life Company of the Year crowned

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
... major insurance providers have cleaned up at the Association of Financial Advisers' Life Company of the Year and Consumer Choice Awards. Taking home the coveted namesake award, TAL was named Life Company of the Year for the third consecutive year. TAL ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... reduce or abolished commissions have brought them back in order to rebuild decimated industries that has taken away consumer choice and caused bad consumer outcomes." When it comes to the AFA and FPA, the UFAA is clear on its point of view. "It has become ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...
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