CONSUMERS

Funds management

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

image
Funds management

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

image
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...

image
Policy & Regulation

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

image
Financial planning

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

image
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 ...

image
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....

image
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...

image
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 ...

image
Policy & Regulation

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

image
Financial planning

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

image
Funds management

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

image
Financial planning

Consumers who believe they have been wronged by a financial planner should be able to sue that planner’s professional indemnity insurance provider if the planning firm go...

image
Financial planning

Consumers across four continents have expressed their want for digital financial service offerings from their current institution, rather than a third party....

image
Policy & Regulation

The Law Council of Australia claims few consumers are capable of pursuing disputes through FOS and other EDR providers without legal representation or advice....

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago