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Showing 21 - 30 of 304 results for %22Peter Kell%22

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... to strengthen the regulator in the face of the new Banking Executive Accountability Regime (BEAR). ASIC deputy chair Peter Kell tendered his resignation after seven years in the role. Kell joined ASIC in 2011, having previously served as deputy chair ...

Kell resigns from ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
ASIC deputy chair Peter Kell is resigning after seven years in the role. Treasurer Josh Frydenberg said Kell's experience and understanding of corporate regulation has been appreciated by successive governments as well as members of ASIC. Kell joined ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... dropped; the property was untenanted; or if the clients experienced cash flow problems, Evans added. ASIC deputy chair Peter Kell said the banning should remind advisers that compliance with the best interest duty requires them to use their expertise ...

ASIC marks AFCA milestone

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... approve material changes to the AFCA scheme and part of its role in overseeing the operation of AFCA. ASIC deputy chair Peter Kell said approval of the AFCA rules and the independent assessor terms of reference follow a period of public consultation ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... properly resourced code administrator with appropriate coverage across the industry," ASIC said. ASIC deputy chair Peter Kell said that while some improvements have been made by trustees, there is "considerable work to do to raise standards in the areas ...

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... and interest rates, they may not have enough equity remaining in the home for longer-term needs. ASIC deputy chair Peter Kell said the review shows lenders and brokers need to make inquiries that would lead to a genuine conversation with customers about ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... was about stopping the conduct and we stopped the conduct." But enforceable undertakings are effective, ASIC's counsel Peter Collinson QC tried to establish at the end of Mullaly's hearing. Westpac's case was identified in December 2016. ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... possible extent." More recently, fronting the House of Representatives Standing Committee on Economics, ASIC deputy chair Peter Kell said the regulator has not had a chance to consider an actual timeframe for phasing grandfathered commissions out.

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... demonstrates that a lot of people are establishing SMSFs without knowing whether it's the best option, ASIC deputy chair Peter Kell said. Additional market research conducted by ASIC found many consumers that had set up an SMSF do not understand the ...

Aussie asset manager cops ASIC intervention

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... her actions were facilitated by the various senior and conflicting positions she held at the time. ASIC commissioner Peter Kell said the regulator was committed to ensuring the separation and security of fund assets. "The additional conditions imposed ...