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Showing 1 - 8 of 8 results for "Darren McShane"

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
ASIC has updated its guidance to superannuation funds and issuers of managed investment products on fees and cost disclosure, with a suite of new requirements set to apply from late-2020. The corporate regulator released an updated version of Regulatory ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
ASIC is reminding superannuation funds to update product disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Industry Super Australia welcomed ASIC's proposed fee transparency disclosure changes but pointed out that several areas fell short and failed to address ongoing issues. In response to Consultation Paper 308, ISA said one of Darren McShane's ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren McShane on RG97. McShane engaged with more than 120 industry stakeholders and analysed the practical implementation of RG97. ASIC's ...

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... schemes have the same deadline. The delays come ahead of ASIC announcing it has pushed back its formal response to Darren McShane's independent review (Report 581) of RG97 that was released in July. At the time, ASIC said a consultation paper will be ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... overhaul fee and cost disclosure practices of superannuation funds and managed investments under Regulatory Guide 97. Darren McShane, appointed by ASIC to spearhead the independent review, urged the industry to consider the 34 recommendations as a package ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... investments under Regulatory Guide 97. The report, prepared by managed investments and super regulation veteran Darren McShane, engaged more than 120 stakeholders in the process. Chief among the concerns raised was the complex structure of platforms. ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... a veteran of managed investments and superannuation regulation to review the costs disclosure settings in RG97. Darren McShane, most recently chief regulation and policy officer of Hong Kong's Mandatory Provident Fund Schemes Authority, will review the ...
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