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Showing 1 - 10 of 3591 results for "Consumers"

Rest calls for better alignment in default options

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
... not be comfortable with were they better informed." He reiterated standard labels could prevent losses that occur when consumers enter options or products they do not understand and aligns with Treasury's consultation to emphasise consumer protection ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... productivity, unlock investment and grow our economy while preserving financial stability and market integrity and protecting consumers from harm. "We're striking the right balance between supporting productivity and investment, reducing the regulatory ...

Super funds fail customer service test: SCA

KARREN VERGARA  |  TUESDAY, 14 JUL 2026
... are apathetic, dismissive and continue to fail members at the most basic service level, a new investigation from Super Consumers Australia (SCA) reveals, which slapped the industry with an overall failing grade on customer satisfaction. The consumer ...

ASIC cancels Trive Financial's AFSL as review into CFDs continues

VINNY VUCAGO  |  FRIDAY, 10 JUL 2026
... processes, Trive agreed to stop onboarding new retail clients in April 2025. The regulator said improving outcomes for consumers investing in high-risk financial products remains a supervisory priority. "Driving better outcomes for consumers of financial ...

FAAA urges insolvency crackdown to curb soaring CSLR costs

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
... necessary given advisers' ongoing obligations and the potentially significant financial consequence of poor advice for consumers. The submission forms part of the Productivity Commission's consultation on reducing barriers to business dynamism, with ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... executive Peter Burgess is calling for an immediate reform and highlighted the levy should be aimed at bad actors. "Consumers should have access to financial compensation where they suffer financial loss from poor or negligent financial advice or product ...

Stablecoins a key to instant access to global credit markets

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... fractionalised structure. She added the increased regulation scrutiny on the sector will provide better confidence in consumers, while the draft legislation to allow advisers, institutions, and retail investors to participate will further pledge that ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... of Mercer Super's size and market position. "These failures undermined a critical safeguard designed to protect consumers and exposed fundamental weaknesses in Mercer Super's systems and processes. "This was not an isolated oversight. It was ...

FSC links active super choices to stronger retirement outcomes

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... platforms can offer comparable fees, particularly for higher account balances. NMG Consulting director Lachlan Reardon said consumers increasingly value investment flexibility and tailored solutions. "Choice is a spectrum, and it's important that consumers ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... emerging products without the need to amend the legislation," Court said. "Firms offering products that provide a return to consumers or involve the conversion of assets must carefully consider whether their offerings are financial products, and if so ...
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