Hanrahan appointed ASIC's regional commissioner for Queensland


Dr Pamela Hanrahan has been confirmed as the Australian Securities and Investments Commission’s (ASIC’s) newly appointed regional commissioner for Queensland. She succeeds Maree Blake, who has held the post since 2008.
Hanrahan joined ASIC in November 2008 as senior executive leader for investment managers, and was responsible for the regulation of Australia’s managed investments sector. Prior to that, she was deputy director of the Centre for Corporate Law and Securities Regulation at the University of Melbourne and also worked as a senior lawyer in private practice with Allens Arthur Robinson.
The announcement follows a restructuring shake up at ASIC and comes not long after Delia Rickard took on responsibility for the supervision of financial advisers in addition to her post as senior executive leader for financial literacy, consumers and retail investors. Further changes saw Gerard Fitzpatrick take control of the newly merged portfolio for investment managers and superannuation funds.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.