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Showing 91 - 100 of 130 results for "Danielle Press"

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... effectively recommended the services of a related party so as to earn extra revenue for herself. ASIC Commissioner Danielle Press said financial advisers had a legal obligation to provide advice in the best interests of their clients, and not themselves. ...

ASIC terminates managed accounts provider AFSL

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
... existing client arrangements. The firm and Clinnick have the right to appeal ASIC's decision. ASIC commissioner Danielle Press warned all consumers considering MDAs to evaluate the risks and benefits of an MDA. "Consumers should ensure they have ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... to play in helping consumers make confident and informed decisions about financial products," ASIC commissioner Danielle Press said. "They have an obligation to act in the best interests of their clients when providing advice and must adhere to ethical ...

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... system, IDR plays a vitally important role in Australia's consumer protection framework, ASIC commissioner Danielle Press said. "Consumers and small businesses should have access to transparent, fair and timely complaints processes. Our research ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
... She will work alongside Daniel Crennan, who was appointed co-deputy chair in March, and two new commissioners in Danielle Press and Sean Hughes. Frydenberg announced Press and Hughes' appointments in September. Press had a short stint as chief executive ...

ASIC moves to make licensees FASEA compliant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... that any responsible manager has spent at least three of the last five years in a relevant role. ASIC commissioner Danielle Press said the additional option reflects the higher levels of competence expected in the industry. "Our proposals are designed ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... financially. ASIC said that Gold Coast-based Birk gained about $800,000 from his dishonest conduct. ASIC commissioner Danielle Press said Birk's actions were dishonest and betrayed the trust of his clients. "Today's decision shows this type of ...

Kell resigns from ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... endeavours," Frydenberg said. Kell's resignation brings ASIC's commissioner lineup to six, with new commissioner Danielle Press starting this week and Sean Hughes commencing later in the year. ASIC also recently appointed a second deputy chair in Daniel ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... ASIC to serve a period of five years each. Among his first duties as Federal Treasurer, Josh Frydenberg announced Danielle Press and Sean Hughes will join the corporate regulator. Press was most recently the chief executive of Myer Family between July ...

Ex-industry super fund chief joins robo-adviser

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
A former industry superannuation fund chief executive has joined the board of a robo-advice platform. Danielle Press is now the first female director on the board of Six Park, bringing 25 years' of experience in financial services. "Danielle brings ...