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Showing 51 - 60 of 100+ results for "Peter Kell"

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 ...

ASIC consults on new statement of advice

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... to communicate to the client important and relevant information about the advice they receive," ASIC deputy chairman Peter Kell said. "We welcome feedback that will help advisers achieve this objective. The SOA should not be designed as a mechanism to ...

Banking and Finance Oath secures strong conference program

DARREN SNYDER  |  MONDAY, 29 MAY 2017
... June 8 are BT Financial Group chief executive Brad Cooper; APRA deputy chairman Helen Rowell; ASIC deputy chairman Peter Kell; Banking and Finance Oath director Pauline Vamos; Australian Bankers Association executive director - retail policy, Diane Tate ...

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 ...

Unlicensed financial services' provider convicted

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
... by Ross for clients in connection with the scheme were also taken into account in sentencing. ASIC deputy chairman Peter Kell said Ross exploited the trust he instilled in clients by promoting and operating an illegal scheme that exposed his clients ...

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 ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
... resources to provide the services covered by its licence and to conduct the business lawfully," ASIC deputy chairman Peter Kell said. RGIB had held its AFS licence since March 2003, and provided general financial product advice. The company was also ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... advice they provide complies with the best interest obligation, and is appropriate for clients. ASIC deputy chairman Peter Kell said the finding against NSG is a yardstick upon which the industry can rely. "This finding, the first of its kind, provides ...

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 ...

Advisers to consult on ASIC's behalf

JAMIE WILLIAMSON  |  WEDNESDAY, 29 MAR 2017
... financial advice sector as well as financial advice industry bodies and consumer organisations," ASIC deputy chairman Peter Kell said. "We saw benefit in extending our interaction with this sector through the establishment of a committee made up of practising ...