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
A relevant provider has received a written direction from the Financial Services and Credit Panel after a superannuation rollover resulted in tax bill of over $200,000 for a client.
Estimates for the calendar year 2024 put the advice industry on track for a loss in adviser numbers as exits offset gains from new entrants.
Adviser Ratings shares five ways that financial advice changed in 2024 with an optimistic outlook for 2025, thanks to the Delivering Better Financial Outcomes legislation.
National advice firm Invest Blue has announced several acquisitions, including the purchase of an estate planning and wealth protection business Lambert Group.