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Showing 31 - 40 of 99 results for "ASIC deputy chair Peter Kell"

Permanent ban for ex-OnePath adviser

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... Hutchison is the latest among several advisers banned from the financial services industry, according to ASIC deputy chair Peter Kell. It is part of the corporate watchdog's Wealth Management Project aiming to lift the standards of major financial advice ...

ASIC bans former Westpac adviser

EMMA RAPAPORT  |  THURSDAY, 8 JUN 2017
... Sinha was an employed representative of Westpac from 2001 to 10 November 2014. Commenting on the case ASIC deputy chair Peter Kell said: "ASIC is committed to improving conduct in the wealth management industry and we will act to remove advisers who ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
... clawback amounts will reduce the incentives for advisers to provide inappropriate advice to clients, ASIC deputy chair Peter Kell said. "ASIC is warning advisers against inappropriately switching clients into new policies prior to this commencement date ...

Australia ranks fifth for financial literacy

ALEX DUNNIN  |  THURSDAY, 25 MAY 2017
... countries ahead of Australia were China, Belgium, Canada and nations grouped as the Russian Federation. ASIC deputy chair Peter Kell said he welcomed these results, noting 15% of Australian students were high performers compared to the OECD average of ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
... new poster provides a selection of red flag indicators that financial planners can look out for." ASIC deputy chair Peter Kell added: "The risk assessment tool will help the financial advice industry understand the full range of financial crime risks ...

Life code needs work: ASIC

ALEX BURKE  |  THURSDAY, 30 MAR 2017
The Life Insurance Code of Practice should be expanded, according to ASIC deputy chair Peter Kell. Speaking on a panel at the 2017 Financial Services Council Life Insurance Conference in Sydney, Kell said that there is still "an enormous amount to be ...

ASIC permanently bans Queensland adviser

KARREN VERGARA  |  THURSDAY, 23 MAR 2017
... a deliberate and repeated act of dishonesty, displaying a lack of integrity and professionalism. ASIC deputy chair Peter Kell said ASIC will ensure financial advisers who behave dishonestly are removed from the financial services industry. "[Logan's] ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
... since the period of conduct under review, supported by recent legislative and regulatory reforms," ASIC deputy chair Peter Kell said. "However, there is further work to be done to assist in re-building consumer trust and confidence in the financial advice ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... standards in the superannuation industry, including vertically integrated financial services licensees," ASIC deputy chair Peter Kell said. ASIC acknowledged NAB's cooperation throughout its investigation. Commenting on this, NAB acting executive general ...

Sydney firm sees AFSL cancelled

EMMA RAPAPORT  |  WEDNESDAY, 18 JAN 2017
... years. Core Insurance, which trades as Ferme, has held its AFSL since October 2012. In a statement, ASIC deputy chair Peter Kell indicated that failure to comply with financial reporting obligations can be an indicator of a poor compliance culture. "Licensees ...