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Showing 1 - 10 of 1081 results for "Commissioner"

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... finding "stark" gaps in the monitoring of harmful advice fee deductions and unusual fees and investment patterns. ASIC commissioner Simon Constant said: "Some trustees failed to establish basic protections, like looking into an advice licensee's ...

ASIC sheds light on voluntary administration outcomes

VINNY VUCAGO  |  TUESDAY, 7 JUL 2026
... proposal. Of those, 87% were approved by creditors, representing about 44% of all voluntary administration reviewed. ASIC commissioner Kate O'Rouke said the report provides the strongest evidence yet of how the insolvency framework is operating in practice. ...

ASIC pushes to bolster competitiveness

ELIZA BAVIN  |  TUESDAY, 30 JUN 2026
... Ensuring that Australia's financial markets remain competitive and efficient is central to that mission," ASIC commissioner Simone Constant said. "Geographic moats look like a thing of the past. The geographic barriers that once constrained the flow ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... selection criteria. The most recent action was taken against the trustee for the HUB24 Super Fund, HTFS Nominees. ASIC commissioner Simone Constant said there was no excuse for the troubling lack of protections put in place by some trustees. She added ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... Regulation Authority (APRA), the Australian Cyber Security Centre (ACSC), the Office of the Australian Information Commissioner (OAIC), and the National Office of Cyber Security (NOCS). Generation Development Group, the parent company of Generation Life ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... steps to uplift their practices and are committed to taking further action, but others took no action at all. ASIC commissioner Simone Constant said: "Unfortunately, despite complaint numbers and trends rising overall between 2020 and 2026, early findings ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... legitimate financial firms to create convincing fake websites and fraudulent investment and advertisements. ASIC commissioner Alan Kirkland said the initiative would make it easier for Australians to distinguish genuine financial services providers from ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... and continue exposing grieving beneficiaries to harm at times of heightened emotional and financial distress," ASIC commissioner Simone Constant commented. "Unfortunately, despite complaint numbers and trends rising overall between 2020 and 2026, early ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... starting new roles. Also under the new laws, employers will be able to request stapled super fund details from the commissioner before, during or after issuing a standard choice form. Currently, the laws allow such requests after no fund has been nominated. ...

ATO sounds alarm as Payday Super deadline nears

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... five weeks remaining to prepare for one of the biggest changes to the superannuation system in years. ATO deputy commissioner Emmer Rosenzweig said more than half of employees are still playing superannuation quarterly rather than alongside wages, despite ...
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