Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 31 - 39 of 39 results for "James Shipton"
ASIC slams unacceptable reporting breaches
KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... financial groups, consumers due to be compensated were out of pocket for almost six years (2145 days). ASIC chair James Shipton said the findings are a "sad indictment on the financial services industry." Many of the breach reporting and consumers compensation ...
Direct life insurance failing consumers: ASIC
KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... are at high risk of buying cover that they do not want or that is not right for them," the report said. ASIC chair James Shipton commented: "Aggressive selling practices and products that don't pay out when consumers expect undermine trust in the industry. ...
Government introduces financial literacy strategy
KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... Strategy comes off the back of ASIC's national financial literacy initiatives between 2014 and 2017. ASIC chair James Shipton said: "ASIC is committed to financial inclusion and better outcomes for all Australians. People are at the heart of the financial ...
Fees for no service remediation passes $250 million
DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... of plan service fees to super members and whether these fees constituted fees for no service. In May, ASIC chair James Shipton said there will be more consumer compensation to come over fees for no service. He also alluded to the regulator implementing ...
Banks take 1500 days to identify breaches: ASIC
KANIKA SOOD  |  THURSDAY, 26 JUL 2018
Big banking groups are taking an average of 1500 days to internally identify breaches in conduct, ASIC chair James Shipton said in his address at the FSC Summit in Melbourne today. And this is only the first step in the reporting the breach to ASIC ...
ASIC not to blame for trust deficit: Shipton
JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
ASIC chair James Shipton rejects suggestions that historic inaction by the regulator contributed to the significant trust deficit present in Australia's financial services industry. Appearing before the House of Representatives Standing Committee on ...
ASIC admits AMP inaction
JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... ASIC admitted they were not surprised by the revelations about AMP publicised via the Royal Commission. ASIC chair James Shipton said the issues raised at the Royal Commission are the exact issues the regulator has been investigating for some time now. ...
Fees for no service compensation unfinished business: ASIC
DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Newly-minted ASIC chair James Shipton said there will be more consumer compensation to come over fees for no service financial advice. Three months into his role, Shipton addressed the annual Australian Council of Superannuation Investors (ACSI) conference ...
Government names new ASIC chair
ALEX BURKE  |  TUESDAY, 17 OCT 2017
... Government has named the new ASIC chair to succeed Greg Medcraft, this time with Labor's approval. Starting in February, James Shipton will take on the role for a five-year term. Shipton is currently executive director of Harvard Law School's program ...
PAGE:
4