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

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

3 weeks 4 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

1 month 2 weeks ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 weeks 3 days ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 weeks 2 days ago

Financial Services Minister Stephen Jones has shared further details on the second tranche of the Delivering Better Financial Outcomes reforms including modernising best ...

1 week 3 days ago

TOP PERFORMING FUNDS