Claire Mackay joins ASIC advisory panel

ASIC/self-managed-super-fund/financial-services-companies/australian-taxation-office/australian-securities-and-investments-commission/australian-prudential-regulation-authority/ASX/chairman/money-management/

30 October 2014
| By Malavika |
image
image
expand image

Quantum Financial principal Claire Mackay has been appointed to the external advisory panel of the Australian Securities and Investments Commission (ASIC).

As the first financial planning practitioner on the board, Mackay will represent the financial planning profession as ASIC beefs up surveillance of the advice arms of the big banks and financial services companies, and looks for quicker reporting of planner misconduct.

"Claire's extensive experience, particularly in the financial advice sector, will be a valuable resource for the panel," ASIC Chairman Greg Medcraft said.

Mackay is the youngest member of the panel, which includes former Australian Federal Treasurer Peter Costello, Chair of ASX and University of New South Wales chancellor David Gonski, Australian Super CEO Ian Silk, and former chair of the Australian Prudential Regulation Authority John Laker. 

Mackay is a member of the Australian Taxation Office's Superannuation Industry Relationship Network as a super and self-managed super fund expert representing the financial planning profession.

She won the pro bono award at Money Management and Super Review's Women in Financial Services Awards in 2013.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS