It seems like only yesterday that the most exciting thing that could happen when you opened your banking app was that you could check your balance. Frequent visits to a bank branch or an ATM became a thing of the past, as everything you needed to know ...
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... benefits include fee waivers and interest rate discounts owing to about 689,000 customers between 2003 and 2021. Money watchdog ASIC reports that ANZ's failure will result in over $211 million being paid in remediation to impacted customers. ANZ is required ...
... million while AUSIEX will pay $7.12 million for systemic compliance failures over a nine-year period. In a case brought by ASIC, the Federal Court found the two companies contravened Market Integrity Rules in a variety of ways and on multiple occasions. ...
... budget-stretching times, it's remarkable that there is a pool of $1.5 billion in forgotten cash just waiting to be claimed. ASIC's latest annual report shows $109.7 million of 'lost' money was reunited with its rightful owners over the last year. But ...
October is Cyber Security Awareness month, ASIC takes legal action against Harvey Norman and Latitude Finance, and the hunt is on for fake green claims. Here are five things you may have missed this week. ASIC sues Harvey Norman and Latitude Finance ...
... proper systems and compliance arrangements in place to ensure the payments ceased when members left their employer," says ASIC deputy chair Sarah Court. "Superannuation trustees should treat the penalty imposed today as an important reminder to maintain ...
$1 billion to be spent on dads this Father's Day, ASIC sets its sights on 'free' brokerage, and a chance to tap into the King's royalties. Here are five things you may have missed this week. Stake a claim on The King's income Many ...
... financial advice electronically at low costs (and with low risks) to consumers," says Rice. "The desire not to fall foul of ASIC usually takes preference over delivering a sound, value-for-money outcome for consumers." As a result, few ordinary Australians ...
... The $3.6 billion cost of dodgy advice The misconduct in financial advice gravy train has (hopefully) come to an end, with ASIC reporting that six of Australia's largest financial institutions have paid or offered to pay a total of $3.6 billion in ...
... paper to a spreadsheet or one of the many budgeting and tracking apps available. Tip: Ready to create a budget of your own? ASIC Moneysmart's budget planner tool, which allows you to easily input your expenses and income over a variety of timeframes ...
