... sounds outrageous but, according to a report into the rental industry by the Australian Securities and Investments Commission (ASIC) late last year, Thompson got off lightly. In another highlighted case, a customer on Centrelink was charged an interest ...
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... automated advice, known as robo advice, is a key area of focus for the Australian Securities and Investments Commission (ASIC), which has set up a robo advice taskforce. "ASIC is very supportive of the automated provision of advice," Greg Medcraft, chairman ...
... good year for the big banks. ANZ is the latest to face the wrath of the Australian Securities and Investments Commission (ASIC), after failing to accurately apply bonus interest rates to its Progress Saver Accounts (PSA) over a number of years. The bank ...
The Australian Securities and Investments Commission (ASIC) is cracking down on the interest-only loan. After an eight-month investigation, the regulator found many lenders had been falling short of legal standards in assessing applications. I'm ...
Did you know the average cost of a wedding in Australia is a staggering $36,200? ASIC's MoneySmart website breaks down the cost and shows food, alcohol and venue hire is the largest expense, at $18,683, followed by clothing and accessories at $4271. ...
... structured so the trusts it offers don't need to be registered with the Australian Securities and Investments Commission (ASIC). SIA's trusts will not accept investments from more than 20 people. Its focus on SMSFs is highlighted on its website (secured ...
... developed. 5. Smarter financial planners by raising their education, ethical and professional standards. 6. Bad products banned by ASIC as it gets new product intervention powers. 7. More crowd funding as small business gets a boost from new measures. ...
... tips to cut back on everyday costs, a financial planner can give you the professional advice you need to start saving money. ASIC's MoneySmart website estimates that simple advice can cost as little as $200 a session, so make sure that you get a few ...
... Australian Financial Services (AFS) Licence issued by the regulator, the Australian Securities and Investments Commission (ASIC). Ask for a copy of their Financial Services Guide too. 2. Membership of the Financial Planning Association (FPA). 3. A Certified ...
... living, creating and sticking to a strict budget will help you to better manage your finances. If you're in need of help, ASIC's MoneySmart website has some great tips on how to plan your budget. It also has a really neat budgeting app which you can ...
