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| | | ... campaign aimed at rolling customers into Westpac products under the banner of general advice," ASIC commissioner Danielle Press said. "By clarifying the distinction between tailored, quality, personal advice in the customer's interest, and general ... |
| | | | ... financial services must not prioritise their own interests or simply implement client instructions," ASIC commissioner Danielle Press said. "Individuals and organisations entering into court enforceable undertakings with ASIC have binding obligations ... |
| | | | ... Protection Policy was to exclude or limit Dover's liability to clients to its own financial benefit," ASIC commissioner Danielle Press said. "The significant penalties handed down today demonstrate the seriousness of this misconduct and will act as a ... |
| | | | ... self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's National Conference via video link that several key projects are progressing to ... |
| | | | ... campaign aimed at rolling customers into Westpac products under the banner of general advice," ASIC commissioner Danielle Press said. "By clarifying the distinction between tailored, quality, personal advice in the customer's interest, and general ... |
| | | | ... distribution obligations. In a letter to trustees co-signed by APRA deputy chair Helen Rowell and ASIC commissioner Danielle Press, the regulators highlighted how the new obligations will interact and where they complement. The Business Performance Review ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
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| | KANIKA SOOD The Australian Taxation Office yesterday couldn't answer exactly how many stapling-triggered employer checks it expects, but maintained its readiness for a July 1 go-live. | JAMIE WILLIAMSON The asset manager is partnering with a start-up to build a new platform for institutional investors to trade digital currencies. | | | KARREN VERGARA Australia's largest superannuation fund is taking issue with the proposed stapling regulations, arguing that the model is backwards and will not protect members from being stuck in dud funds. | ANNABELLE DICKSON The prudential regulator has commenced industry consultation on revisions to the prudential standards for life insurers to protect life insurance policy holders against the use of offshore reinsurers. |
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