Search ResultsShowing 1 - 10 of 68 results for "Danielle Press"
ASIC confirms SMSF negative returns
ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
... answered the question which had been put on notice late last year. The parliament had asked ASIC commissioner Danielle Press if SMSFs with a value under $200,000, on average, produce negative returns. ASIC said: "For the period 2016-17 (and the preceding ...
ASIC urges improved insurance outcomes
ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
... the industry's implementation of the Insurance in Superannuation Voluntary Code of Practice. ASIC commissioner Danielle Press said: "We recognise that there is significant change occurring in relation to insurance in superannuation." "In this dynamic ...
ASIC suspends Melbourne-based AFSL
ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... things necessary to address ASIC's outstanding concerns in relation to its AFSL obligations. ASIC commissioner Danielle Press said: "It is important to get the basics right. A licensee's failure to lodge its financial and audit reports on time indicates ...
Non-compliant personal advice rife at super funds: ASIC
JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... that, in some cases, the super fund was not the advice provider. Commenting on the findings, ASIC commissioner Danielle Press said: "Superannuation funds have a very important role to play in meeting the financial advice needs of members wanting to build ...
Super fund PDSs to include single cost of product figure
HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... under the current version of RG97 will apply until the end of the transition period, ASIC said. ASIC commissioner Danielle Press said the more consistent and comparable disclosure the update to RG97 delivers will help consumers and financial advisers ...
Regulators quash remuneration rumours
ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... Stephen Glenfield told the FPA Congress. Appearing as part of a regulatory update alongside ASIC commissioner Danielle Press, Glenfield said advisers should be using this time to assess their remuneration structures and need to consider it in the context ...
AFSLs show widespread non-compliance: ASIC
ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... effective processes to remind them when RNs are due or to turn off ongoing fees," ASIC said. ASIC commissioner Danielle Press said the findings have raised concerns about industry practices in relation to fee disclosure to clients. "Our review has found ...
Former Apogee, GPS Wealth advisers banned
JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... Practitioners Board website, he is a member of the Association of Financial Advisers. Commenting, ASIC commissioner Danielle Press said: "Financial advisers are expected to understand their clients' personal circumstances and take those circumstances ...
ASIC puts trustees on notice
ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... appropriate context about the reforms and tailoring communications to the needs of their members." ASIC commissioner Danielle Press said: "The superannuation industry needs to learn from what happened earlier this year when trustees communicated with ...
ASIC imposes AFSL conditions on IOOF
JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... and ensuring that investors' best interests are the highest priority of fund managers," ASIC commissioner Danielle Press said. "ASIC will use its licensing power, including through the imposition of tailored licence conditions to address governance ...
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