ASIC mainly concerned with media releases: LawyerBY ELIZABETH MCARTHUR | TUESDAY, 9 JUN 2020 12:22PMHamilton Blackstone Lawyers managing director Cristean Yazbeck has argued that ASIC is mainly concerned with its own reputation and the media releases it can put out in relation to action on financial advisers. Related News |
Editor's Choice
Metrics freezes redemptions behind listed funds as audit stalls
|Metrics Credit Partners has suspended redemptions in the unlisted wholesale funds that underpin its three ASX-listed strategies, according to an ASX statement by the funds' responsible entity.
APRA flexes fresh powers, zeros in on trustees
|APRA has released a package of proposals to strengthen trustee investment governance saying it has "elevated concerns" about the platform sector.
ASIC sets FY27 priorities straight
|ASIC has outlined its supervisory priorities for 2026-27 with reviews of artificial intelligence (AI), member services and advice fee deductions among the areas of focus for financial services firms.
UBS brings home new alternatives leader
|UBS is relocating a private markets specialist from Switzerland to lead its unified global alternatives (UGA) business in Australia, effective 1 November 2026.
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Finally someone who understands our plight
Thanks for your Comments but I fear it will change nothing. All our calls fall on deaf ears.
How true! Very well said. Glad there's finally someone outside the industry that understands what happens to the financial planners and stand up to speak the truth without worrying about upsetting the regulator, the Licensees and the product providers.