CONSUMERS

Financial planning

Research has forecast how financial advice landscape demographics could look in 2050, including how many more Australian consumers will need complex advice....

Financial planning

Financial advisers are finding they are able to increase profits at their practices with fewer clients, according to Investment Trends, allowing them to focus their atten...

Financial planning

The popularity of ETFs, which are approaching $200 billion in Australia, is a potential threat to the advice landscape if consumers opt to invest directly, according to t...

Funds management

Greenwashing, predatory lending and misleading insurance are all on ASIC’s enforcement radar for 2023. ...

Funds management

After periods of lockdown, global consumers are aggressively shopping, according to J.P. Morgan Asset Management, presenting opportunities in retail stocks....

Financial planning

The current regulatory regime around financial planning is driving up costs by prioritising compliance and the needs of licensees over those of consumers, according to th...

Policy & Regulation

Informing consumers will sit at the heart of the Australian Securities and Investments Commission’s use of its new product intervention powers....

Financial planning

Analysis from AMP Capital shows consumer confidence is back to pre-COVID levels, but not yet to its historical peak....

Financial planning

Engagement by users over 60 years old has been the highest for AMP’s new Facebook Messenger bot, which is designed to assist those seeking financial help and information ...

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

2019 looks to be another year of technical and regulatory change for the superannuation industry, of which consumers look set to be a focus, consultancy group QMV has pre...

Financial planning

Despite the bad press, 38 per cent of small to medium enterprises (SMEs) and 20 per cent of advised consumers say the Royal Commission will make them even more likely to ...

Policy & Regulation

The new ombudsman vows to “proactively work with consumers, small business and the financial services sector to resolve and reduce financial disputes”....

Financial planning

FinTech Australia said big banks can’t be trusted, and has called on Parliament to pass consumer-friendly legislation without delay. ...

Funds management

Chinese consumers feel positive about the economy and their prospects, according to Legg Mason’s study....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 4 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago