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CHOICE

Financial planning

The Australian Securities and Investments Commission has confirmed that it helped fund a consumer submission by two Griffith University academics to the Financial Adviser...

Financial planning

A link has been uncovered between the Australian Securities and Investments Commission’s Consumer Advisory Panel and a key submission regarded as highly supportive of the...

Financial planning

Newly public submissions to the Financial Adviser Standards and Ethics Authority pointed to consumer groups having been insistent on key changes to the Code of Ethics whi...

Financial planning

Private health funds should dump their upcoming October price rises, due to sustained “mega profits” in the industry, Choice says....

Financial planning

Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...

Policy & Regulation

The consumer group said the deferral struck a "sensible balance" between legislating reform and dealing with the pandemic....

Financial planning

The Financial Planning Association has echoed the Association of Financial Advisers in calling on Choice to retract derogatory comments about financial planners....

Financial planning

Association of Financial Advisers chief executive, Phil Kewin, wants a Choice executive to withdraw a statement suggesting financial advisers can’t be trusted to act in c...

Financial planning

A coalition of consumer groups have warned that accessing early release superannuation should be a last resort, suggesting that they talk to a financial counsellor rather...

Superannuation

The proposed legislation could motivate advisers to enter into ongoing fee arrangements with superannuation members, according to a super body. ...

Policy & Regulation

A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

Superannuation

The Government is committed to removing restrictions regarding superannuation fund choice but will not prevent a default fund being specified in an award....

Life/Risk

The conditions attaching to some total and permanent disability insurance products sold inside superannuation made them tantamount to junk, according to consumer group, C...

Policy & Regulation

Parliamentary committee questioning has seen the Australian Securities and Investments Commission detailing the extent of its interactions with consumer group, Choice....

Superannuation

Unnecessarily complex investment menus could lead to smaller pools of investable assets, and too much choice for members, according to Rice Warner....

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