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Showing 41 - 50 of 478 results for "ASIC Commissioner"

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
ASIC commissioner Simone Constant says that three years into the Retirement Income Covenant, things are "not where we'd hoped to be". Speaking at a FINSIA event on Friday, Constant said there is still room to improve the ways super trustees serve their ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... insurers and life insurance distributors to determine whether consumer outcomes had improved since the 2018 review. ASIC commissioner Alan Kirkland warned chief executives: "The steps you take in responding to the matters identified above will inform ...

ASIC calls out super 'leaders and laggards'

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
ASIC commissioner Simone Constant has told super trustees more needs to be done to meet obligations under the Retirement Income Covenant. "We are three years into the Retirement Income Covenant now. Three years since trustees have been obliged by law ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... light of its oversight and role in the collapse of Shield and First Guardian, Sequoia recently appointed former ASIC commissioner Danielle Press as independent chair of its inaugural AFSL Governance Committee. She currently sits on the board of Insignia ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... payments infrastructure, might help to uplift the functioning of wholesale financial markets in Australia." ASIC commissioner Kate O'Rourke said ASIC supports the responsible development of new technologies, including tokenisation and distributed ledgers. ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... unclear how many advisers will be properly qualified to provide personal financial advice on 1 January 2026," ASIC commissioner Alan Kirkland said. "It's possible that some of these relevant providers may be eligible for the experienced provider pathway ...

ASIC calls on AFS licensees to 'step up'

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... has identified a seven-fold increase in the number of share sale fraud reports made by market intermediaries," ASIC commissioner Simone Constant said. "There are terrible stories out there, where in some cases entire investment portfolios are lost, and ...

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... credibility. Check their credentials and whether they're licensed or authorised, before checking your money out," ASIC commissioner Alan Kirkland said. "We are seeing a pattern where these unlicensed finfluencers invite consumers to join their closed ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... update on greenwashing as an enforcement priority that had everyone's attention at an industry conference. ASIC commissioner Kate O'Rourke opened Day 2 of the RIAA Conference today with a presentation on sustainability reporting disclosure requirements ...

Large penalties against super funds are appropriate: ASIC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
ASIC commissioner Simone Constant told Financial Standard that many super fund trustees have taken accountability for not meeting their requirements to members, know they need to improve and accept the penalties that are brought against them. However ...