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Showing 201 - 210 of 476 results for "ASIC commissioner"

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... to the Tax Practitioners Board website, he is a member of the Association of Financial Advisers. Commenting, ASIC commissioner Danielle Press said: "Financial advisers are expected to understand their clients' personal circumstances and take those circumstances ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... that include appropriate context about the reforms and tailoring communications to the needs of their members." ASIC commissioner Danielle Press said: "The superannuation industry needs to learn from what happened earlier this year when trustees communicated ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... management sector and ensuring that investors' best interests are the highest priority of fund managers," ASIC commissioner Danielle Press said. "ASIC will use its licensing power, including through the imposition of tailored licence conditions to ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... and financial situations were inadequate. Lime FS decided to close both tools. Both websites are now defunct. ASIC commissioner Danielle Press said: "Digital advice tools offer a convenient and low-cost alternative to consumers who may otherwise not ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... claims and insurers lacked clear key claims data to help them effectively manage the risk of consumer harm. ASIC Commissioner Sean Hughes said the regulator found it alarmingly that three TPD claims a day are assessed under the restrictive 'activities ...

Former NAB adviser sentenced

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... names of his clients and withdrew their funds from those accounts, impersonating his clients in the process. ASIC commissioner Sean Hughes said Eung's actions amounted to a breach of client trust for his own advantage. "Mr Eung was trusted by his clients ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... curriculum, and needs to be - and there is a long history of school banking programs in Australian schools," ASIC commissioner Sean Hughes said. As CBA's Dollarmites is the most prolific of the programs in question, it is sure to attract some comments ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
ASIC commissioner Sean Hughes has made it clear the regulator is already positioning itself to be the primary conduct regulator in superannuation. Speaking at a Risk Management Association Australia event yesterday, Hughes said ASIC's role in regulating ...

Value but no trust in advice: Report

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... because of barriers. Only 27% have actually ever received financial advice, and only 12% had in the past year. ASIC commissioner Danielle Press explained some of the factors holding Australians back from accessing advice. "While Australians believe financial ...

Former financial adviser charged

HARRISON WORLEY  |  TUESDAY, 13 AUG 2019
... the ASX. The corporate regulator banned Kawecki from providing financial services for seven years in 2018, and ASIC commissioner Cathie Armour noted Kawecki's attempts to maneuver around the ASX's minimum spread requirements impacted market integrity. ...