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Du Pre-Alba departs ASIC after reshuffle
Louise du Pre-Alba has left her role as senior executive leader - super funds at the Australian Securities and Investments Commission (ASIC), an ASIC spokesman has confirmed.
There have recently been structural refinements of stakeholder groups at the watchdog, including a merger of the investment management and superannuation groups.
Du Pre-Alba managed a number of ASIC Superannuation Choice projects and also worked on recommendations leading to the Safety in Superannuation legislation, including superannuation trustee licensing by the Australian Prudential Regulation Authority (APRA), according to ASIC.
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APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers.
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