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Showing 181 - 190 of 263 results for "Peter Kell"

FoFA changes could start before May: Sinodinos

LAURA MILLAN  |  WEDNESDAY, 26 FEB 2014
... are making reasonable efforts to comply," the regulator said in a statement before July 1, 2013. ASIC deputy chairman Peter Kell told the Committee that the regulator will take a "facilitative approach" until July 1, 2014. "It has proved to be a very ...

Advice riskiest ASIC sector

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
... Senate Economics Reference Committee, which investigates the regulator's performance, along with ASIC deputy chair Peter Kell. Medcraft refused to comment on the government's proposed amendments on the Future of Financial Advice (FoFA) regulation, which ...

Charterhill assets frozen

HARRY PAGE  |  THURSDAY, 6 FEB 2014
... obtain good quality advice through gatekeepers such as accountants and financial planners," said ASIC commissioner Peter Kell. Lending Solutions International, Nova Real Estate, EJ Property Developments and Financial Wellness are the companies in the ...

Planners lax on capital protected product advice: ASIC

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
... using a one-size-fits-all approach, and making unsuitable or unjustified gearing recommendations. ASIC deputy chairman Peter Kell said: "The findings were disappointing and with FOFA now raising the bar for advisers, our warning against inappropriate ...

Banned adviser spent client savings on sports car business

MARK SMITH  |  TUESDAY, 19 NOV 2013
... not manage a company for 15 years. "Mr Nakhl breached the trust many investors placed in him," ASIC Deputy Chairman Peter Kell said. "This EU also emphasises ASIC's recent focus on targeting misconduct within the SMSF sector. "Setting up an SMSF is one ...

ASIC has risk advice in its sights

MARK SMITH  |  TUESDAY, 15 OCT 2013
Australian Securities and Investments Commission (ASIC) deputy chairman Peter Kell has the retail insurance sectors in his sights, announcing that the regulator will conduct major surveillance of the sector. Kell said ASIC is in the process of gathering ...

Read the rules, says ASIC

MARK SMITH  |  TUESDAY, 15 OCT 2013
ASIC deputy chairman Peter Kell reassured advisers at the AFA conference that the FoFA best interest duty is not as strict as people think. He reminded them to read the regulatory guidance before jumping to conclusions. "We're just over three months ...

International advice meeting to develop new strategies

LAURA MILLAN  |  THURSDAY, 10 OCT 2013
... 'financial planner' in law," Rantall said. The Australia Securities and Investments Commission (ASIC) deputy chair Peter Kell will address the meeting on October 23 and will provide insights into ASIC's view of the Australian financial services marketplace ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... identified examples of poor SMSF advice across the industry through its SMSF taskforce headed by himself and deputy chairman Peter Kell. ASIC has found cases of inadequate or lack of replacement product disclosure, inadequate or lack of insurance recommendations ...

ASIC bans broker for deceptive conduct

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... be banned from providing financial services this year, and the 18th to receive a permanent ban. ASIC deputy chairman Peter Kell said, 'ASIC will not tolerate this type of behaviour. Those who engage in misleading and deceptive conduct will be removed ...