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Showing 1 - 10 of 3616 results for "Consumers"

Mulino unveils Financial Innovation Strategy

ELIZA BAVIN  |  THURSDAY, 3 SEP 2026
... 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 ...

Scams and governance failures dominate tip-offs to ASIC

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
... 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 ...

AFCA consults on rule changes under upcoming scam framework

MATTHEW WAI  |  TUESDAY, 1 SEP 2026
... 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 ...

FAAA pushes to expand NCA to financial advisers

RIDDHIMA TALWANI  |  FRIDAY, 28 AUG 2026
... 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 ...

AFCA moves to reinstate APT Strategy, opens doors for victims

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
... 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 ...

FSC raises the bar for PC managers with fresh standards

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
... 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 ...

Advised clients more satisfied despite heightened costs: Report

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
... 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 ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... 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 ...

Mulino unveils sweeping reforms to cold calling, MISs

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... 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 ...

HESTA follows Cbus on death benefit nomination changes

RIDDHIMA TALWANI  |  TUESDAY, 18 AUG 2026
... 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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