Search Results | Showing 1 - 10 of 18 results for "finfluencers" |
| | | The UK's Financial Conduct Authority (FCA) is cracking down on finfluencers as more financial services firms turn to social media to promote products and services. The financial services regulator is aiming to get on top of firms that illegally promote ... |
| | | | ... firm Nationwide, investors aged 15 to 54 years old tend to trust advice generated by social media, particularly from finfluencers and generative artificial intelligence (AI). Older investors, on the other hand, are more cautious about online financial ... |
| | | | ... have taken this option away from many people." According to ASIC estimates, some 33% of young Australians listen to finfluencers for financial advice. "We need new ways of educating Australians to improve their financial literacy and confidence. Helping ... |
| | | | One year since ASIC forced finfluencers to obtain a general advice licence or else, finfluencers playing by the rules are reaching financially illiterate and disengaged Australians in a way that traditional advice has failed to. Finfluencers backed ... |
| | | | ... portfolio's year-on-year," it commented. "In an era where young people are often associated with 'hype' stocks, finfluencers and short-term wins, it is interesting to see this is not necessarily reality. Our data shows younger Australians are ... |
| | | | ... decisions," Jones said. Meanwhile, the latest VanEck Australian Investor survey shows that investors have shunned "finfluencers" for expert advice on products. Most investors (72%) don't use social media for investment research and only 24% support the ... |
| | | | ... Representatives Standing Committee on Economics tomorrow to discuss super fund underperformance, greenwashing and the rise of finfluencers. In what will be the committee's first public hearings into the regulators, committee chair Daniel Mulino MP said ... |
| | | | ... Specifically pertaining to financial influencers, as previously reported by Financial Standard, ASIC issued a warning to finfluencers who discuss financial products and the licensees who use them, threatening substantial penalties of their content contravenes ... |
| | | | ... wider mission, adding that Equity Story is in discussions with several popular personal finance commentators and "finfluencers" to onboard them as authorised representatives of its licence, following ASIC's warning earlier this year as to the penalties ... |
| | | | ... standards, onerous compliance or digital disruption that have reformed the industry. Hume was also unperturbed by the finfluencers that have begun to fill the hole left by the exodus of advisers. Hume said: "I love the fact young people are engaging ... |
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