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Showing 61 - 70 of 304 results for %22Peter Kell%22

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 ...

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 ...