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

Search Results

Showing 41 - 50 of 64 results for "ASIC deputy chairman Peter Kell"

ASIC bans former Synchron adviser

STAFF WRITER  |  TUESDAY, 23 SEP 2014
... portfolio implemented for the clients departed from the asset allocation set out in the SOAs. ASIC deputy chairman Peter Kell said: "'Mr Irwin's conduct demonstrates a clear failure of his obligation as a financial adviser to act in the interests of ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... Macquarie had not responded to Financial Standard 's requests for comment. Speaking to the media, ASIC deputy chairman Peter Kell refused to reveal how many breach reports regarding MPW personnel have been filed, how many MPW advisers or former advisers ...

FSC annual conference 2014 - Day 1 newsletter

STAFF WRITER  |  THURSDAY, 7 AUG 2014
... from Day 1 include FSC chairman Greg Cooper's opening address and a keynote presentation from ASIC deputy chairman Peter Kell, APRA deputy chairman Ian Laughlin andA Treasury's Jan Harris. Read the newsletter for more.

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... business and confirmed the professional indemnity insurance arrangements of the remaining licensees. ASIC deputy chairman Peter Kell said: "This review has assisted ASIC to remove licensees which are failing to meet their professional indemnity obligations ...

Licensee under ASIC scrutiny after employing AAA advisers

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... recognising they may have been exposed to a less robust or non-compliant supervisory environment', ASIC deputy chairman Peter Kell said.

ASIC permanently bans former finance broker

HARRY PAGE  |  THURSDAY, 10 JUL 2014
... Newstart allowance forms and made a false declaration to the Migration Agents Registration Authority. ASIC deputy chairman Peter Kell said Frugtniet's conduct was incompatible with the traits of someone who was permitted to engage in credit activities. ...

Queensland advice firm falls foul of regulator

MARK SMITH  |  THURSDAY, 15 MAY 2014
... adequate systems in place to ensure they are fully across the actions of their representatives," ASIC deputy chairman Peter Kell said. Under the enforceable undertaking, LCL Capital will face a 15 month regime of supervision, review and audit of their ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
... consumers should be able to confidently rely on representations made to them in advertising," ASIC deputy chairman Peter Kell said. The payment of an infringement notice is not an admission of a contravention of the Australian Securities and Investment ...

"Free set up" SMSF administrator pays infringement notice over bogus claims

ALICE URIBE  |  TUESDAY, 18 MAR 2014
... expect that representations made about setup costs reflect the actual costs they will incur," ASIC deputy chairman Peter Kell said. "ASIC has a particular focus on misleading claims that a financial product or service is 'free,' as this may lead consumers ...

Financial Adviser convicted of 'tombstoning': ASIC

HARRY PAGE  |  THURSDAY, 6 MAR 2014
... $243,433 in commissions, Vyas submitted 15 false applications between June 2012 and March 2013. ASIC deputy chairman Peter Kell said that there was no tolerance for people in the financial services industry who don't act within the law. Vyas also attempted ...