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Showing 1 - 8 of 8 results for %22Darren McShane%22

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... The regulator proposed many changes - including the single cost of product requirement - in its response to Report 581, Darren McShane's review of RG97 earlier this year. Responding this afternoon, the Financial Services Council said it welcomed ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... requirements and amendments to Class Order 14/1252. ASIC is drafting Consultation Paper 308 in response to regulatory expert Darren McShane's review of RG97, and is currently reviewing submissions. A number of submissions raised the need to consider ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... that several areas fell short and failed to address ongoing issues. In response to Consultation Paper 308, ISA said one of Darren McShane's key recommendations to force banks and wealth managers to disclose costs relating to underlying investment ...

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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