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Showing 71 - 80 of 100+ results for "Peter Kell"

Super skimming adviser permanently banned

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... dishonest and a betrayal of client trust, while also deceiving PIS and the trustee of the super fund. ASIC deputy chair Peter Kell said: "ASIC will take action to remove dishonest persons from the financial services and credit industry to protect the ...

ASIC bans Sydney adviser

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
... Protect Ensure's business-related expenses. Some investors lost their invested funds entirely. ASIC deputy chairman Peter Kell said: "ASIC will take action against financial advisers who mislead their clients. We will investigate and take action of such ...

Former ANZ planner cops ban

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
... had signed in previous years and falsifying dates on the copied items. Commenting on the case, ASIC deputy chairman Peter Kell said: "Financial advisers are important gatekeepers who must act honestly to increase broader public confidence in the financial ...

ASIC bans life insurance adviser

ALEX BURKE  |  FRIDAY, 9 DEC 2016
... switch existing life insurance and superannuation products must be in the client's best interest," ASIC deputy chair Peter Kell said. "Where there is nothing in the client's relevant circumstances to indicate that the switch would be beneficial, ASIC ...

BMW caught on car loan failures

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2016
... parties to ensure that the written off loans are not subject to further collections activities. ASIC deputy chairman Peter Kell said this outcome is demonstrative of the staggering cost of poor business practices and should act as a warning to other ...

ASIC bans SA insurance broker

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
... uphold the highest standards of conduct, so as to maximise their confidence in the financial system," ASIC deputy chair Peter Kell said. "Mr Griggs' conduct fell well and truly short of that standard," he added.

Former Westpac planner banned

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2016
... review process of Mr Bishop's files at the time and has fully compensated all impacted clients." ASIC deputy chair Peter Kell said: "Advice needs to be tailored to the client's needs and circumstances, and an advice provider must not lose sight of the ...

ASIC bans former AMP adviser

KERRIE SYDEE  |  MONDAY, 21 NOV 2016
... Financial Planning audit in March 2015. McCarthy did not provide any of the false documents to clients. ASIC deputy chair Peter Kell said: "ASIC is committed to raising standards of conduct and compliance in the wealth management industry and will act ...

Former Sentinel adviser slapped with ban

KERRIE SYDEE  |  THURSDAY, 17 NOV 2016
... the interests of his clients ahead of his own, when he knew that there was a conflict of interest ASIC deputy chair Peter Kell said: "Financial advisers must put their clients' interests ahead of their own. Super switching that provides little benefit ...

ASIC bans deceptive adviser

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
... conduct falls far short of the high standards expected of those in the financial services industry," ASIC deputy chairman Peter Kell said. "ASIC will continue to protect consumers from advisors who engage in misleading conduct and place their interests ...