Claire Mackay joins ASIC advisory panel
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.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
