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

Search Results

Showing 61 - 70 of 267 results for "Peter Kell"

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 ...

ASIC cancels AFSL licences

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
... resources to provide the services covered by its licence and to conduct the business lawfully," ASIC deputy chairman Peter Kell said. "Membership of an EDR scheme is also an important requirement for licensees and ASIC will not hesitate to act against ...

Former adviser cops ASIC reprimand

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
... standing as an alternative to administrative action against Wilson. Commenting on the outcome, ASIC deputy chairman Peter Kell said: "Consumers need to have confidence and trust in their financial advisers." "ASIC will use all regulatory means available ...

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 ...

False ASIC licensing claims lead to closure

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
... the benefits of direct land ownership by equating investment amounts to land size, for example. ASIC deputy chairman Peter Kell said: "Financial products must not be promoted in a way that could mislead consumers about the benefits of the product or ...

ASIC bans Melbourne insurance broker

EMMA RAPAPORT  |  FRIDAY, 24 FEB 2017
... is licenced with an AFS license lodge an annual auditor's report and financial statements with ASIC. Deputy chairman Peter Kell reassured the public that ASIC will act to remove those who behave without regard to their obligations to their clients, adding ...