consumers

Financial planning

An evolving advice landscape by 2050

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

Financial planning

Quality over quantity: Advisers servicing fewer clients

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

Will ETF usage kill advice?

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

ASIC unveils 2023 enforcement targets

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

Funds management

Consumers start ‘revenge spending’ post-COVID

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

Financial planning

Stop prioritising compliance over client needs says SMSF Association

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

Companies can expect to be named by ASIC on product intervention

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

Financial planning

Consumer confidence back to pre-COVID levels

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

Financial planning

Over-60s are biggest users of AMP bot

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

No loopholes, no carve-outs insist coalition of consumer groups

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

Super regulation to focus on consumers

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

RC sparks increased appetite for advice: Metlife

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

AFCA unveils strategy, brand ahead of launch

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