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Showing 331 - 340 of 472 results for "ASIC Commissioner"

ASIC warns super funds over transparency requirements

MARK SMITH  |  MONDAY, 7 SEP 2015
... financial advisers and other gatekeepers. Some consumers may find it helpful in making superannuation decisions. ASIC Commissioner Greg Tanzer said, "Our survey indicated that superannuation trustees generally seem to have understood what was intended ...

ASIC financial services enforcements down 10%

ALEX BURKE  |  THURSDAY, 6 AUG 2015
... achieving and rewarding good conduct and good outcomes for customers," the report continued. Commenting on this, ASIC commissioner Greg Tanzer said: "Poor culture is a key driver of poor conduct in the financial services industry. "Given the strong connection ...

ASIC issues digital disclosure guidance

ALEX DUNNIN  |  TUESDAY, 28 JUL 2015
... innovative communication styles such as those incorporating interactive multi-media, said ASIC in a statement. ASIC Commissioner John Price said, "This can boost consumer understanding of financial services and products." "The measures announced today ...

IFAs to benefit from ASIC SME focus

ALEX BURKE  |  FRIDAY, 17 JUL 2015
ASIC commissioner Greg Tanzer has highlighted the regulator's expanding role in the SME registration space. Speaking at the National Council of Small Business Australia Conference in Sydney, Tanzer noted that small businesses, with fewer than 20 employees ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
... popularity with Australian investors, it is critical that approved SMSF auditors perform their role adequately," said ASIC commissioner John Price. "ASIC will continue to work with the ATO in acting to identify and remove auditors whose audit quality ...

Queensland director banned for two years

DARREN SNYDER  |  FRIDAY, 10 JUL 2015
... effective and as a result, the Paladin Monetizer Fund has been unable to meet its compliance obligations with ASIC. ASIC Commissioner Greg Tanzer said Responsible Entities are entrusted with property that belongs to others and accordingly are held to ...

Macquarie refunds $5.5m after 13-year system errors

ALEX BURKE  |  WEDNESDAY, 17 JUN 2015
... ASIC. Where errors do occur, entities must identify and appropriately rectify them as soon as possible," said ASIC commissioner Greg Tanzer. "ASIC will work with entities who report issues to us to ensure consumers are compensated in a timely, effective ...

Ghost fund flogger banned

LAURA MILLAN  |  WEDNESDAY, 10 JUN 2015
... returns with low risk. "The law requires that financial products and services be offered by licensed businesses," ASIC Commissioner Greg Tanzer said.

Banned for taking $4m from SMSFs

LAURA MILLAN  |  MONDAY, 1 JUN 2015
... to purchase distressed properties in the US via offshore companies and did so without disclosure to clients. ASIC Commissioner Greg Tanzer said: "Today's outcome shows the courts, ASIC and the community will not tolerate behaviour that seeks to destroy ...

ASIC bans Macquarie representative

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
... been undertaken by the company and as agreed under an enforceable undertaking accepted by ASIC in January 2013. ASIC Commissioner Peter Kell said investors should feel confident that financial advisers are acting within the authority given to them by ...