Koromilas quits ASIC
|
Deborah Koromilas has resigned from the Australian Securities and Investments Commission (ASIC).
Koromilas has been ASIC’s senior executive leader for financial advisers since mid-2008.
A spokesperson confirmed that Koromilas tendered her resignation yesterday, but was not able to provide further information regarding a potential replacement.
While at ASIC Koromilas was involved in consultation on the redesign of statements of advice, and worked closely with the industry — including regular contact with the Investment and Financial Services Association and the Financial Planning Association.
Koromilas was also known in the industry through her time as head of regulatory and legal affairs at BT Financial Group, as well as time with AMP.
Recommended for you
Melbourne and Perth-based Endeavor Asset Management has added 24 financial advisers to its AFSL this week, with overall industry numbers rising by more than a dozen.
The industry has reacted to the retirement of Stephen Jones as Minister for Financial Services, recognising his efforts on scams and financial reforms.
Australian advised clients are the most eager among global peers to invest in private markets, according to Hamilton Lane, with their knowledge of the asset class also being higher.
With Finchley & Kent coming in second place for adviser growth in 2024, its managing director shares why word-of-mouth referrals have been critical to its success.