Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 263 results for "Peter Kell"

In the throes of change

MICHELLE BALTAZAR  |  TUESDAY, 29 JUL 2014
... mind for an advocacy organisation, one panel session will feature the country's key regulators - ASIC's deputy chair Peter Kell,A APRA's deputy chair Ian Laughlin and the Treasury Department's executive director Jan Harris - on the hot seats to discuss ...

ASIC permanently bans former finance broker

HARRY PAGE  |  THURSDAY, 10 JUL 2014
... Newstart allowance forms and made a false declaration to the Migration Agents Registration Authority. ASIC deputy chairman Peter Kell said Frugtniet's conduct was incompatible with the traits of someone who was permitted to engage in credit activities. ...

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... financial planners." "The industry as a whole needs to lift its game, that's very clear from this inquiry," ASIC chair Peter Kell said. Regarding the record 61 recommendations that the Senate Committee has included in the report, the two ASIC officials ...

Queensland advice firm falls foul of regulator

MARK SMITH  |  THURSDAY, 15 MAY 2014
... adequate systems in place to ensure they are fully across the actions of their representatives," ASIC deputy chairman Peter Kell said. Under the enforceable undertaking, LCL Capital will face a 15 month regime of supervision, review and audit of their ...

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
... as a result of these events," the bank continued. ASIC chose to upload a video on YouTube, where its deputy chairman Peter Kell gave some background information on the CBA scandal and defended the way ASIC dealt with it. He admitted that the regulator ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
... consumers should be able to confidently rely on representations made to them in advertising," ASIC deputy chairman Peter Kell said. The payment of an infringement notice is not an admission of a contravention of the Australian Securities and Investment ...

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... allegations of poor advice, document forgery and fraud within Commonwealth Bank's financial planning unit. ASIC commissioner Peter Kell admitted that "it took us too long to move to the next step" when it became apparent that Commonwealth Financial Planning ...

"Free set up" SMSF administrator pays infringement notice over bogus claims

ALICE URIBE  |  TUESDAY, 18 MAR 2014
... expect that representations made about setup costs reflect the actual costs they will incur," ASIC deputy chairman Peter Kell said. "ASIC has a particular focus on misleading claims that a financial product or service is 'free,' as this may lead consumers ...

Westpac exec gets ASIC ban after preying on elderly's finances

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
... was not of good fame or character, making him an unsuitable person to provide financial services. ASIC Commissioner Peter Kell said St Pierre's misconduct was very serious. "ASIC will ban people from the finance industry who act dishonestly and place ...

Financial Adviser convicted of 'tombstoning': ASIC

HARRY PAGE  |  THURSDAY, 6 MAR 2014
... $243,433 in commissions, Vyas submitted 15 false applications between June 2012 and March 2013. ASIC deputy chairman Peter Kell said that there was no tolerance for people in the financial services industry who don't act within the law. Vyas also attempted ...