FSC calls for enhanced consumer protection
The council advocates for adjustments to the wholesale investor test
Source: brokernews.com.au
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Too many Aussies eligible for wholesale products: FSC
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections.
Source: financialstandard.com.au
FSC says $5m net asset test crucial to protect investors
The Financial Services Council says the sophisticated investor test needs to be updated to protect consumers.
Source: moneymanagement.com.au
City of Nedlands locals back move to underground power but share concerns over costs
But the job is yet to be finished for 1701 properties across City of Nedlands North (Floreat), Nedlands West (Mt Claremont) and Hollywood East (Nedlands).
Source: perthnow.com.au