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Showing 11 - 20 of 28 results for "ASIC commissioner Peter Kell"

Fair Finance Australia pays infringement notice penalty

LAURA MILLAN  |  FRIDAY, 26 APR 2013
... misled and put in a potential situation where they take on too much debt and are unable to repay," ASIC commissioner Peter Kell said.

One third of SMSF advice is poor: ASIC

ALEX DUNNIN  |  THURSDAY, 18 APR 2013
... examples of unlicensed SMSF advice, or misleading marketing, we will be taking regulatory action," ASIC Commissioner Peter Kell said.

ASIC targets SMSF confidence tricksters

MARK SMITH  |  THURSDAY, 11 APR 2013
... self-managed superannuation fund (SMSF) industry. Addressing a packed room at the Hilton Hotel in Sydney, ASIC commissioner Peter Kell opened the annual CPA Australia SMSF conference and expo by outlining the importance of safe-guarding SMSFs. "I urge ...

Same Day Money loses credit licence

LAURA MILLAN  |  MONDAY, 11 MAR 2013
... standards are not being met, we will not hesitate to remove individuals and entities from the industry," ASIC Commissioner Peter Kell said. "Generally, Mr Sullivan lacks the knowledge, diligence, honesty, integrity and judgement to operate a credit business," ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
... adequate supervisory arrangements in place to identify and address advice deficiencies quickly," said ASIC Commissioner Peter Kell. "It is imperative that licensees ensure that as their business grows, they review their compliance arrangements and resource ...

SMSF adviser escapes jail time with suspended sentence

BEN COLLINS  |  FRIDAY, 22 FEB 2013
... shares. He also indicated to one of the clients that the shares were likely to increase in value. ASIC commissioner Peter Kell said ASIC is focused on promoting the integrity of the self-managed super industry so that ultimately, consumers feel confident ...

ASIC cancels national planning firm's license

MARK SMITH  |  THURSDAY, 7 FEB 2013
... all things necessary to ensure they provide financial services efficiently, honestly and fairly," ASIC Commissioner Peter Kell. "AAA Financial Intelligence was found to have an appalling record that put at risk the quality of advice it provided to retail ...

FPA grief over new fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
... disclosure standards that his group's members will have no choice but to follow from 1 July this year. ASIC Commissioner Peter Kell said while ASIC would show some leniency for the first year of new rules, after that there would be "stronger regulatory ...

Former mortgage broker convicted

MARK STORY  |  FRIDAY, 25 JAN 2013
... dishonestly in this case, the Sydney District Court imposed a two-year good behaviour bond on Mr Nguyen. ASIC Commissioner Peter Kell said brokers must familiarise themselves with their obligations under the National Credit Act. The conviction of Nguyen ...

FOFA guidance released

BEN COLLINS  |  FRIDAY, 14 DEC 2012
... "Consumers expect financial advisers to act in their best interests when giving them personal advice," ASIC Commissioner Peter Kell said. Also provided are examples that demonstrate how to give scaled advice while complying with the best interest component ...