ASIC eyes off researchersBY BEN COLLINS | TUESDAY, 11 DEC 2012 12:00PMAustralia's corporate watchdog will conduct targeted surveillance of research report providers after it unveiled updated policy to improve the reliability of their products yesterday. |
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Andrew Gregory
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After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.







ASIC has a track-record of absolute failure in the area of consumer protection, there needs to be a change in focus from a reactive approach to a proactive approach. In this way schemes/scams such us Wattle, Heather Parry scheme, and off course Storm would have not got off the ground or at least the losses by investers would have been kept to a minimum. Instead of going on for years and years which in itself gives the scams/schemes more credibility.
As far as I am aware (and I have made enquiries) ASIC does not fall under any Ministerial portfolio, so who is eyeing ASIC?