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| | | ... technology. It needs the development of new products, services, business models and ways of working that improve outcomes for consumers, businesses and the broader economy," Mulino said. "That will require clear strategic direction and sustained coordination ... |
| | | | ... liquidators. ASIC chair Sarah Court said: "The data ASIC receives provides critical insights into the trending issues facing consumers and businesses, helping to inform our enforcement priorities. We continue to welcome tip-offs from the public." One ... |
| | | | ... industry-wide consultation, which places obligations on banks, telecommunications providers and digital platforms to protect consumers from scams. AFCA was subsequently appointed the authorised external dispute resolution (EDR) scheme for scam-related ... |
| | | | ... Sarah Abood said. Abood added the industry needs to be very careful about the scope of the New Class of Adviser and how consumers will be charged. She added it is important to ensure the New Class does not impact the services provided by advisers. "Let's ... |
| | | | ... way of Compare Your Super should also do the same. In reinstating APT Strategy as a member, AFCA also urged impacted consumers to submit complaints against APT Strategy. "Now that APT Strategy's AFCA membership has been reinstated for 12 months, consumers ... |
| | | | ... recognises that rapid growth in the private markets sector has created inconsistent practices, which creates risk for consumers, however industry adherence to the Standard will reduce these risks. "The FSC's industry standard will be mandatory for funds ... |
| | | | ... seeking advice. Honeycomb Strategy head of client service Jason Morris said this is the "perfect encapsulation" of what consumers are thinking about when it comes to financial advice. "Clients are paying more for advice compared to last year. However ... |
| | | | ... deductions, Mulino said the regulator had uncovered serious governance failures, including excessive fees charged to consumers with low account balances for switching-related advice. "ASIC's ongoing work, and our reforms to SMSF reporting, will dovetail ... |
| | | | ... business models operating in the system today," Mulino told the National Press Club today. "They target the point at which consumers are first exposed to harm and reduce the ability of bad actors to gain access to consumers in the first place. We will ... |
| | | | ... death benefit nominations allowing members to make them online, effective October 16. This follows research by Super Consumers Australia (SCA) which found at least 15.5 million Australians may not have a binding death benefit nomination. The Your Say ... |
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