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Showing 41 - 50 of 100+ results for "Peter Kell"

ASIC calls on NAB to improve disclosure

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
... invested in related products to acknowledge the issue and provide corrective disclosure. Commenting, ASIC deputy chairman Peter Kell said: "This investigation is a result of ASIC's priority of improving compliance and disclosure standards in vertically ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
... funds it wrote to had assets exceeding $10 billion while the remaining 19 were smaller funds. ASIC deputy chairman Peter Kell said the economic significance of superannuation meant information about the superannuation industry should be transparent ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... required to ensure consumers can continue to have confidence in a compulsory superannuation system." ASIC deputy chair Peter Kell has pledged to follow-up actions with funds about the issue of defaults, adding: "Inappropriate defaults can be adverse ...

ASIC clarifies IFA definitions, extends SoA deadline

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2017
... restricted terms may be used if advisers are compliant with section 923A of the Corporations Act. ASIC deputy chairman, Peter Kell said the issue is important as the independence of financial advisers may sway a consumer's decisions about both their ...

Regulator bans adviser for seven years

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... information. At the time of the offences Gunner was a representative of GuardianFP. Commenting on the ban, ASIC deputy chair Peter Kell said: "ASIC is determined to ban financial advisers who deliberately breach the law from the financial services industry." ...

Insurer must refund $330k

EMMA RAPAPORT  |  WEDNESDAY, 21 JUN 2017
... be confident that when they purchase an insurance policy, that they can claim when they need to," ASIC deputy chair Peter Kell said. "The fact that Virginia Surety was selling this insurance without the life insurer's approval, indicates serious deficiencies ...

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 ...

Former Garvan adviser banned for $2.4m theft

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
... about $2.4 million from a client for his own personal gain, funding an extravagant lifestyle. ASIC deputy chairman Peter Kell said: "ASIC will act to remove people from the financial services industry who act dishonestly and breach the trust of their ...