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Showing 41 - 50 of 167 results for karen

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... This should be about protecting consumers, not insurers' bottom line." Chief executive of Financial Rights Legal Centre Karen Cox added that the decision to exempt key insurance products from the deferred sales regime, "...will entrench the problems ...

OnePath to remediate over pressure selling

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... sales practices and delivered compensation to tens of thousands of consumers who have suffered harm," ASIC deputy chair Karen Chester said. "Better industry practice and improved consumer outcomes followed ASIC's deep dive review of direct sales of life ...

Perennial to launch fund, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... exciting and growing space," Lyons said. Perennial is also welcoming a new hire. Former head of emerging companies at Investec Karen Chan will join as senior investment director. The portfolio management team for the new fund comprises Lyons, along with ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... responsible entities should continue to carefully manage the liquidity risks associated with their funds," ASIC deputy chair Karen Chester said. "We will continue to monitor liquidity management by responsible entities and may take compliance or other ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... COVID-19 pandemic." Shipton added that he will work with Longo and Court to facilitate a smooth transition. Deputy chair Karen Chester had previously confirmed to Parliament that she hoped to be considered as the next ASIC chair. She will remain co-deputy ...

ASIC opens breach reporting consultation

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... concern about prolonged and repeated failures by large entities to make breach reports required by the law," ASIC deputy chair Karen Chester said. "Breach reporting is a core component of Australia's financial services and credit regulatory framework. ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... replaced Christian Porter as attorney-general and industrial relations minister. Minister for industry, science and technology Karen Andrews is the new home affairs minister. Assistant minister to the attorney general Amanda Stoker took on the additional ...

Time running out for claims licences

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... service. Some applications received have also needed to be re-submitted because of their poor quality," ASIC deputy chair Karen Chester said. "We are concerned that firms are running the risk of not submitting a complete application in time to get the ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... read. The action follows ASIC's investigation of 11 major banks and other lenders selling junk insurance. ASIC deputy chair Karen Chester said the investigations in late 2018 and 2019 found lenders had disappointingly not changed policies and conduct ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... demonstrates firms need to do the right thing by their investors, even when they are wholesale investors," ASIC deputy chair Karen Chester said. "They need to make sure they accurately describe their products when advertising. The court has shown that ...