Tanzer’s ASIC appointment extended
Australian Securities and Investments Commission (ASIC) member, Greg Tanzer, has had his appointment extended until 30 November, next year.
The extension of Tanzer's appointment was confirmed this week by the Assistant Treasurer, Kelly O'Dwyer.
Tanzer has been an ASIC commissioner since 2012.
Recommended for you
The shift in scale and consolidation has led to substantial growth in large privately owned licensees, which have tipped past 20 per cent of advisers for the first time to make up 28.3 per cent of the industry.
ETF providers Betashares and BlackRock are reporting increased flows for currency hedged vehicles, but an adviser has warned on the potential tax implications of changing currency.
Bravura chair Matthew Quinn is to step down later this year, following the exit of CEO Andrew Russell, while its future priority is digital advice in Australia.
Financial advice has an important role to play in navigating family discussions around inheritance, according to CFS, with younger generations expecting a windfall of more than $500,000 while older ones try to meet their retirement needs.
