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Showing 111 - 120 of 471 results for "ASIC Commissioner"

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... proposing greater flexibility to trustees to tailor forecasts based on their members' investment strategies. ASIC commissioner Danielle Press said superannuation calculators and retirement estimates can help consumers think ahead about what role ...

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
... that pay finfluencers to advertise products and services about potential breaches of financial advice laws. ASIC commissioner Cathie Armour said some listed companies are flocking to finfluencers for a fast and effective way to promote investment products ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... information will provide clarity and certainty to financial advisers about when and how they can use ROAs," ASIC commissioner Danielle Press said. "ASIC is committed to supporting the advice industry in its efforts to ensure everyday Australians can ...

ASIC smooths path for crypto ETFs

ELIZABETH MCARTHUR  |  MONDAY, 1 NOV 2021
... must be considered by product issuers and market operators in meeting their existing regulatory obligations," ASIC commissioner Cathie Armour said. "The good practices we published provide practical examples of how these obligations may be met, in a ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... potential conflict, resulting in a lack of restrictive measures and oversight to adequately counter this risk," ASIC commissioner Danielle Press said. "This is very concerning given the level of sophistication and governance required of trustees when ...

Former Spectrum chief cops additional bans

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... adding that he contributed to that culture by occupying senior roles in which he did not perform as was required. ASIC commissioner Danielle Press said the decision is a clear reminder to officeholders that they cannot disclaim responsibility for their ...

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... trustees abide by its requirements and may consider action where misconduct causing consumer harm is identified. ASIC commissioner Danielle Press said it is important that employers do not take steps that are inconsistent with laws designed to promote ...

ASIC calls for stronger whistleblowing policies

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... observed from our review are present in your policy, we expect you to address and correct them without delay," ASIC commissioner Sean Hughes said. ASIC will continue monitoring compliance with whistleblower policies and plans to conduct another review ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... ASIC's role has been minimal. In discussing the issue of proxy voting and the approaches super funds take, ASIC commissioner Danielle Press said each trustee will have different ways of voting, some will hand it to a proxy adviser or to the investment ...

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... 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 ...