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| | | ... to expect that their complaint will be heard within a reasonable timeframe, and they will be treated fairly," ASIC commissioner Danielle Press said. "How superannuation trustees treat complainants, and learn from complaints, is a true indicator of whether ... |
| | | | ... Westpac superannuation products. In doing this, Westpac failed to act in the best interests of their customers," ASIC commissioner Danielle Press said. "Consumers' decisions about their superannuation are significant long-term financial decisions ... |
| | | | ... trading platforms to invest in financial products, namely exchange-traded and over-the-counter financial products. ASIC commissioner Cathie Armour said auditors are important gatekeepers to the market and play a key role in ensuring financial reports ... |
| | | | ... significant financial and reputational risk for failing to have the systems in place to prevent overcharging," ASIC commissioner Sean Hughes said. Following an investigation by ASIC, CBA admitted to false or misleading representations and engaged in ... |
| | | | ... is particularly aimed at navigating greenwashing and mislabelling of funds. Meanwhile, ASIC's work continues. ASIC commissioner Cathie Armour told the Australian Institute of Company Directors recently that the regulator is applying scrutiny to the labelling ... |
| | | | ... consultation is open until August 17. ASIC plans to publish final guidelines in September, for the October start. ASIC commissioner Danielle Press said the reforms strengthen and consolidate the three existing hawking prohibitions into a single prohibition ... |
| | | | ... went on to be promoted to chief executive of AMP Capital in Australia. Kate Jenkins, Australian sex discrimination commissioner for the Australian Human Rights Commission, said Szlakowski's story highlights several of the systematic failures to properly ... |
| | | | ... candidate is involved in, and the results of compliance audits that relates to personal advice provided by the candidate. Commissioner Kenneth Hayne found that AFLSs did not do enough to communicate among themselves about the background of prospective ... |
| | | | ... issues, particularly around sustainability." The corporate regulator is cracking down on greenwashing practices. ASIC commissioner Cathie Armour flagged that the review looks to unearth any type of ESG mislabelling slapped across investment products. ... |
| | | | ... allow the insurance industry to side-step the Royal Commission recommendations and are to the detriment of consumers. Commissioner Hayne recommended that the government implement an economy-wide deferred sales model for add on insurance products after ... |
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