The financial regulator today handed down its key findings into school banking programs, which 'fail' to effectively disclose customer acquisition strategies.
Banks and lenders have been instructed to grill borrowers over their spending and what they're willing to give up if they want a home loan, under new lending guidelines released by ASIC.
Research by ASIC has revealed the attitudes of Australians towards financial advisers, with 41% of Australians revealing they intend to get personal financial advice in the near future.