Opening comments by Peter Kell, Deputy Chair,
Australian Securities and Investments Commission
Actuaries Institute Financial Services Forum, Hilton Sydney
(Sydney, Australia), 22 May 2018
Thank you for the opportunity to speak today.
I will talk to you about four broad topics:
- 聼迟丑别 trust deficit in financial services and what that means for standards of conduct in industry
- 聼ob体育鈥檚 focus on life insurance including ob体育鈥檚 work on financial advice, direct insurance and insurance through super
- 聼opportunities for financial services firms to strengthen codes and to take cross-industry action to restore consumer trust and confidence
- regulatory reforms with implications for both legal requirements and community expectations.