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Showing 411 - 420 of 476 results for "ASIC commissioner"

SMSF adviser escapes jail time with suspended sentence

BEN COLLINS  |  FRIDAY, 22 FEB 2013
... owner of the 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 ...

ASIC cancels national planning firm's license

MARK SMITH  |  THURSDAY, 7 FEB 2013
... obligation to do 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 ...

FPA grief over new fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
... new fee 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 ...

Former mortgage broker convicted

MARK STORY  |  FRIDAY, 25 JAN 2013
... acting 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 ...

Don't forget to remind DB members: ASIC

MARK SMITH  |  MONDAY, 21 JAN 2013
... fund if there is a funding shortfall and the employer is unwilling or unable to meet shortfall amounts," said ASIC commissioner Greg Tanzer. Many investors in defined benefit funds may not be aware that their ultimate benefit is affected by the capacity ...

FOFA guidance released

BEN COLLINS  |  FRIDAY, 14 DEC 2012
... client. "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 ...

ASIC eyes off researchers

BEN COLLINS  |  TUESDAY, 11 DEC 2012
... providers, particularly in light of various investment failures that had been rated highly," said Peter Kell, ASIC Commissioner. "It is particularly important for research providers to manage conflicts of interest that may affect the ultimate rating. ...

Audit report "disappointing"

BEN COLLINS  |  WEDNESDAY, 5 DEC 2012
... 2006-07 financial year. "Following auditing standards is not merely a compliance hurdle to clear," John Price, ASIC commissioner said in November.

Ex-Kangaroo and Storm adviser banned for non-compliance

MARK STORY  |  MONDAY, 3 DEC 2012
... $60,051 paid to him in error by the Commonwealth Bank as a settlement under the CBA Storm Resolution Scheme. ASIC Commissioner Peter Kell concluded that Fullerton-Smith had failed to maintain the high standards expected of a provider of financial services ...

Bogus super fund a wake-up call for investors: ASIC

MARK STORY  |  THURSDAY, 29 NOV 2012
... Prudential Regulation Authority (APRA) purposes, and Aussie Super is not an APRA-registered superannuation fund. ASIC Commissioner Greg Tanzer said investors need to be cautious when offered unsolicited investment advice and products. 'Potential investors ...