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Design and Distribution Obligations and Product Intervention Powers (the revised Bill)

15 August 2018, COTA Submissions
The design and distribution obligations (DADOs) should help to achieve a cultural shift within financial firms away from simply ‘selling’ financial products towards designing and distributing suitable products that meet customer needs. This submission comments on the revised exposure draft.

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Financial System Inquiry Terms of Reference

5 December 2013, COTA Submissions
COTA supports the needs for a broad inquiry into the financial system as there is some evidence that the current arrangements are not adequate to deal with the increasing size and complexity of financial services in Australia. COTA often receives correspondence from older people.