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Showing 21 - 30 of 471 results for "ASIC Commissioner"

ASIC not acting as a 'market maker': Constant

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
ASIC commissioner Simone Constant said superannuation funds are working well with the regulator in terms of their investments in private markets, but said as whole, more needs to be done by all large investors. Constant said the regulator's increased ...

HUB24, TAL to launch retirement income product

KARREN VERGARA  |  WEDNESDAY, 12 NOV 2025
... success of assistance to members in balancing the objectives of the Retirement Income Covenant, according to ASIC commissioner Simone Constant. "We know change takes time. We know retirement is easy on paper, but hard in practice," Constant said. "However ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... This included 13 files that also led to significant concerns about client detriment in relation to the advice. ASIC commissioner Alan Kirkland warned that the next steps involved a consideration of a range of regulatory responses. "This includes enforcement ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... obligations to members, particularly how they are handling limited transparency and limited price discovery. ASIC commissioner Simone Constant said superannuation is a key part of the story, as is increased retail investor exposure and access to private ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... "Accurate, accessible and reliable financial information is essential for business and markets to work well," ASIC commissioner Kate O'Rourke said. "All participants in our economy rely on those preparing financial information to do so carefully and ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... the digital asset are not a regulated financial product. To provide transitional support ahead of the reform, ASIC commissioner Alan Kirkland said the regulator has granted a sector-wide no-action position until 30 June 2026. The no-action position was ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... timely payments of death benefits asks an even more disturbing question: do they know the processes at all? ASIC commissioner Simone Constant told Financial Standard the regulator will continue to apply pressure on the sector to ensure that all funds ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... any conflicts of interests in the managed accounts sector particularly as more AFSLs build in-house products. ASIC commissioner Alan Kirkland said the managed accounts sector "can be very attractive for licensees at all parts of the product manufacturing ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
... superannuation assets, and more than 2.5 million Australians will enter retirement over the coming decade," ASIC commissioner Simone Constant said. "It is important now more than ever for superannuation trustees to focus their attention on providing ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
... address issues that threaten to undermine public confidence in their business and in turn, the financial system," ASIC commissioner Alan Kirkland said. "ASIC will continue to monitor the governance and risk management frameworks of financial services ...