All Articles tagged with 'Karen Chester'

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ASIC review finds insurers can and should improve claims handling

From ASIC - Australian Securities & Investments Commission

ASIC is calling on general insurers to improve their claims handling practices and resourcing after a review of home insurance claims found weaknesses across five key areas. ASIC’s Report 768 Navigating the

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17 Aug 2023

DDO phase 2 – adviser compliance ‘need to know’

From AdviserVoice - this Regulatory Compliance and Consumer Protection article is proudly brought to you by Perpetual Investments

From a consumer protection perspective, the Design and Distribution Obligations (DDO) regime, which came into effect in October 2021, represents one of the most significant regulatory reforms of recent years.

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05 Jul 2023

Update on ASIC’s recent greenwashing actions

From ASIC - Australian Securities & Investments Commission

ASIC has released a short report detailing the 35 interventions it has made in response to its greenwashing surveillance activities from 1 July 2022 to 31 March 2023. The report

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11 May 2023

ASIC updates the implementation timeframe for the internal dispute resolution data reporting framework

From ASIC - Australian Securities & Investments Commission

ASIC has updated the implementation timeframe of the internal dispute resolution (IDR) data reporting framework to support smooth implementation of this important reform for firms reporting their IDR data for

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08 May 2023

ASIC calls on investment product issuers to ‘lift their game’ on design and distribution obligations

From ASIC - Australian Securities & Investments Commission

ASIC has called on investment product issuers to ‘lift their game’ after an initial review found significant room for improvement in how they meet their design and distribution obligations (DDO).

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05 May 2023

Minimising greenwashing and maximising impact to take centre stage at Responsible Investment Australia 2023

From RIAA - Responsible Investment Association Australasia

With increasing attention on greenwashing in finance, the largest and most comprehensive responsible investment conference in the Southern Hemisphere, RI Australia 2023, will take place in Melbourne and online on

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26 Apr 2023

ASIC publishes updated and expanded remediation guidance

From ASIC - Australian Securities & Investments Commission

Over the past six years ASIC has overseen at least $5.6 billion in remediation for an estimated seven million Australian consumers for failures identified across the financial system. Around a

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29 Sep 2022

ASIC’s first DDO stop orders to prevent offer of financial products to consumers

From ASIC - Australian Securities & Investments Commission

ASIC has placed interim stop orders on three financial firms in response to deficiencies in the target market determination (TMD) for their products. These actions are ASIC’s first use of

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29 Jul 2022

ASIC encourages submissions to the International Sustainability Standards Board consultation on global baseline climate and sustainability disclosures

From ASIC - Australian Securities & Investments Commission

ASIC welcomes the significant progress toward establishing global sustainability reporting standards made by the International Sustainability Standards Board (ISSB). The ISSB has published two draft standards (Exposure Drafts) for consultation

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01 Jul 2022

How to avoid ‘greenwashing’ for superannuation and managed funds

From ASIC - Australian Securities & Investments Commission

ASIC has released an information sheet to help issuers avoid ‘greenwashing’ when offering or promoting sustainability-related products. The publication will also assist issuers to provide investors with the information they

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16 Jun 2022

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CPD: A TTR strategy for modern retirement
We are currently witnessing one of the most significant demographic transformations in Australia’s history. Over the next decade, an estimated 2.5 million Australians are expected to enter retirement[1]. This article, [...]
CPD: Trend following in uncertain times
Trend following strategies aim to generate returns by capturing sustained price movements across a diverse range of asset classes. Unlike traditional investment approaches that rely on valuation or forecasting, trend [...]
CPD: Aged care advice and ethics
Data from the Australian Institute of Health and Welfare (AIHW) shows that Australia’s population aged 65 and over is projected to reach 22% – or 8.8 million people – by [...]
CPD: AI governance – a practical framework for advisers
Regulator scrutiny of AI governance just got serious In years to come, they may well call it the ‘Mythos effect’ – the point in early 2026 where all the concerns [...]
CPD: Thinking outside the box – providing a loved one a paycheque for life
Australia’s great wealth transfer is well underway. An estimated $5.4 trillion is expected to pass from those aged 60 and over to younger generations within the next two decades.[1] In [...]