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Showing 1 - 10 of 54 results for "Hawking"

FAAA pushes for 'fundamental' changes to CSLR

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... "strongly opposed to any proposal to remove or scale back the existing exemption for financial advisers" with respect to anti-hawking. The exemption is "a critical measure to ensure that financial advisers can contact their clients when there has been ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... lead generators to hold an AFSL and comply with the additional regulatory obligations under the licensing regime. Anit-hawking prohibitions in the Corporations Act aim to protect consumers from uninvited real-time contact. Treasury is now considering ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... prohibit lead generators from targeting Australians about their super or other financial products, expand the definition of hawking to cover digital lead generation and targeted online marketing, require explicit informed consent before member data is ...

Research reveals 'alarming spike' in super switching

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... super. It has also called for a ban on aggressive selling tactics through social media ads and cold calls by expanding anti-hawking laws to prevent contact aimed at generating or transferring leads for personal financial advice or super. "Australians ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
... Council continue to call for a ban on lead generation for superannuation and financial advice, including extending the anti-hawking legislation to cover financial advice. As it stands, the anti-hawking legislation only applies to the sale of financial ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
... need fixing. These include the regulation of lead generators, whose activities may not be adequately captured by the anti-hawking provisions, the superannuation switching process and obligations of super trustees who provide platform products.

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... elements and setting clear guardrails for any special levy. The government also needs to drive regulatory updates in anti-hawking, platform oversight, conflict management, and subrogation and recovery. The SMC also suggested drawing on unclaimed money ...

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
... floated by ASIC, SMC also outlined six broader ideas for government reform. First, it called for the expansion of anti-hawking laws to tackle social media lead-generation, click-through ads and online funnels that replicate pressure-sales environments. ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... Paul Chiodo as director. To say there are a lot of moving parts would be an understatement. The consumer Currently, anti-hawking laws allow financial services to be sold, but not financial products. Another loophole was the fact that consumers were contacted ...

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
Super Consumers Australia (SCA) is calling on the government to alter anti-hawking legislation to ensure consistency between selling financial services and financial products. In response to an Australian Competition and Consumer Commission (ACCC) consultation ...
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