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

Search Results

Showing 231 - 240 of 267 results for "Peter Kell"

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
... funds, previously frozen following ASIC action, will be distributed to investors on a pro-rata basis. ASIC Commissioner Peter Kell said the removal of unscrupulous operators from the financial services sector was critical to creating an environment where ...

ALI penalised after compliance failures

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... submitted by authorised representatives and the adequacy of compliance resources used by ALI Group. ASIC commissioner Peter Kell said that confidence in the financial services industry depends on licensees having robust compliance procedures in place ...

ASIC warns industry about misusing term independent

LINDA HAUSKEN  |  THURSDAY, 3 MAY 2012
... single complaint in order to assess the extent of the problem of inappropriate usage of the term 'independent'," said Peter Kell, ASIC commissioner. Kell said, ASIC's first priority is to ensure people are receiving the information they need to make ...

ASIC flags guidance on code approval

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
... Speaking yesterday at a joint Association of Financial Advisers / Financial Services Council event, ASIC commissioner Peter Kell said the guidance would address a number of issues, including the requirement to do a fact find when giving scaled advice ...

FPA calls on ASIC for clearer advice definitions

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
... found that 39% of advice examples were poor, 3% were deemed good quality advice and the remaining 58% were adequate. Peter Kell, ASIC commissioner, said a challenging aspect of our research, both for ASIC and for your industry, was that many consumers ...

ASIC permanently bans CFD dealer

BEN COLLINS  |  MONDAY, 23 APR 2012
... day-to-day living expenses, as well as to fund various payment entitlements to the investors,' said ASIC commissioner Peter Kell. 'We want to ensure that product providers in the financial services sector act with honesty and integrity. If they do not ...

Flaws in advice system revealed by ASIC report

ELISE BURGESS  |  WEDNESDAY, 28 MAR 2012
... found that 39% of advice examples were poor, 3% were deemed good quality advice and the remaining 58% were adequate. Peter Kell, ASIC commissioner, said the results highlighted the scope for significant improvement in retirement advice with several areas ...

ASIC, FPA, and FOS address shadow shopper report

ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
... advice. The Report is intended as an educational tool for the profession to help support continuous improvement," said Peter Kell, ASIC commissioner. "We welcome the opportunity to continue our constructive and close relationship with the FPA to participate ...

AAT confirms ASIC planner ban

ELISE BURGESS  |  FRIDAY, 16 MAR 2012
... committed to taking action against critical gatekeepers such as advisers who do not meet their responsibilities," said Peter Kell, ASIC commissioner.

ASIC tackles platform industry

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
... emerging. We also anticipate that more investors will seek to make direct investments without financial advice," said Peter Kell, commissioner, ASIC. In response to this, ASIC is seeking extra requirements for platform operators to improve investor rights ...