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Showing 21 - 30 of 134 results for "Danielle Press"

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... remaining had reporting periods of either six or 12 months. Responding to sample review results, ASIC commissioner Danielle Press said: "We expect all trustees to consider these observations when reviewing their target market determinations. Trustees ...

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... well, dispute resolution can benefit trustees by helping build members' trust and confidence," ASIC commissioner Danielle Press said. "However, the first stage of ASIC's surveillance about internal dispute resolution practices of trustees has identified ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... judgement, and diligence to play a role in the management or control of a financial services provider. ASIC commissioner Danielle Press said: "ASIC's investigation uncovered concerning consumer losses from trading in CFDs, including a Sirius Financial ...

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... exempt from certain regulatory requirements related to providing personal financial advice." ASIC commissioner Danielle Press stated: "Superannuation calculators and retirement estimates are important tools that can help consumers engage with their superannuation ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... practice recovery strategies or switching to alternative arrangements for critical dependencies. ASIC commissioner Danielle Press said despite progress and the market balancing changes and volatile trading conditions, there is considerably more to do. ...

Former adviser charged over faked books

CHLOE WALKER  |  TUESDAY, 28 JUN 2022
... including that he did so while licensed under two different groups. Commenting on the sanction, ASIC commissioner Danielle Press said: "Financial advisers have a critical role to play in helping consumers make confident and informed decisions about financial ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... representative body, so our concerns were communicated more generally throughout the industry," ASIC said. ASIC commissioner Danielle Press said the performance test supports transparency of product performance for members so they can make more informed ...

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... governance is integral to maintaining consumer trust and confidence in the superannuation industry," ASIC commissioner Danielle Press said. "This is not something you can set and forget. Trustees must have conflict management arrangements in place that ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... INFO 267 sets out more details about complying with the best interests duty and other rules. ASIC commissioner Danielle Press said: "ASIC recognises that many consumers prefer to seek limited and specific advice rather than comprehensive advice. We also ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... 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 their super can play ...