Big changes for consumers on 1 July
CHOICE’s guide to understanding new financial reforms: credit cards, health insurance, bank switching and more.
Read More Big changes for consumers on 1 July
financial advice
Win for consumers with financial advice reforms
CHOICE says consumers have more reason to be confident in the financial advice they receive.
Read More Win for consumers with financial advice reforms
ASIC releases full report on retirement advice shadow shopping research
ASIC has released the full findings of ‘shadow shopping’ research which examined financial advice given to people to help them plan for retirement.
Read More ASIC releases full report on retirement advice shadow shopping research
Consumers now in the driver’s seat when seeking financial advice
CHOICE welcomes the passing of the historic financial advice reform bill and congratulates Minister Shorten and the government for putting an end to secret payments that have distorted advice and eroded consumers’ hard earned savings.
Read More Consumers now in the driver’s seat when seeking financial advice
ASIC continues review of financial advisors
ASIC will shortly contact 30 Australian financial services licensees as part of the next phase of its review of financial advice industry practice. The review is intended to provide input into ASIC’s work on educating investors, holding gatekeepers to account and understanding consumer behaviour.
Read More ASIC continues review of financial advisors