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Showing 51 - 60 of 135 results for "Danielle Press"

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... accounts have insurance attached, and a majority have the default insurance offered by the fund," ASIC commissioner Danielle Press. "The decisions superannuation trustees make about default insurance arrangements are important because most fund members ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... when designing default categories, ASIC said, adding that there are vast areas of improvements. ASIC commissioner Danielle Press warned that trustees "may be contravening their legal obligations if they fail to ensure that insurance premiums charged ...

AAT refuses Allegra AFSL

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... doubts in the AAT's mind as to whether Allegra would be able to deal honestly," the AAT said. ASIC Commissioner Danielle Press said the decision reinforces the recent licensing reforms under the Financial Sector Reform (Hayne Royal Commission Response-Stronger ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... the 14.9% decrease in financial adviser numbers on the Financial Adviser Register to 21,284. ASIC commissioner Danielle Press added that good-quality affordable personal advice may help consumers make better financial decisions, especially during times ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... the year. Sean Hughes was the second-best-paid commissioner at $604,106, followed by John Price at $582,3094 and Danielle Press with $575,724. Taking to Twitter, Senator Andrew Bragg said it's time for a clean out at the regulator. "Too many commissioners. ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... premiums in the process unless the member took active steps to opt out of this categorisation. ASIC commissioner Danielle Press noted insurance premiums for smokers are notoriously higher for smokers than non-smokers. "Given the low prevalence of smoking ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle Press how ASIC's review into member communication about the fee increase. Bragg said the member communications indicated that ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... about the value of their investment portfolios in an effort to cover up his theft. At the time, ASIC commissioner Danielle Press said: "Clients need to be able to trust their financial advisers, and in this case, Mr Gibbs breached that trust."

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
... significantly impacted his victims lives in order to fund his lavish lifestyle. Worse still, ASIC commissioner Danielle Press said Nowak had acted deliberately. "Mr Nowak deliberately misled his clients and used their funds for his own benefit," she ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... funds to prioritise liquidity. In a joint letter sent to all registrable superannuation entities, ASIC commissioner Danielle Press and APRA deputy chair Helen Rowell have directed the industry to align themselves with the regulators in ensuring they ...

Editor's Choice

Former chief financial officer at Rest returns in new role

VINNY VUCAGO  |   11:16AM
Rest is welcoming back it's former chief financial officer as its inaugural chief commercial officer.

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |   12:36PM
Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI  |   12:36PM
Generation Development Group has reported strong growth to the year ending June 30.

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI  |   12:30PM
The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.

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