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Showing 81 - 90 of 100+ results for "Peter Kell"

ASIC bans Brisbane life adviser

KERRIE SYDEE  |  FRIDAY, 4 NOV 2016
... Demonstrate the ability, professional skills and knowledge needed to competently provide financial services ASIC deputy chair Peter Kell said: "Consumers should be confident that their financial adviser is acting in their best interests." "The business ...

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... Dick of the Brisbane District Court ordered Whelan pay the organisation $33,419.11 in compensation. ASIC deputy chair Peter Kell said: "Dishonesty by any financial advisor will not be tolerated by ASIC. We will take steps to remove financial advisors ...

ASIC confirms systemic failures in advice

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... advice fees that customers are paying and the services they should be receiving in return,' said ASIC deputy chair Peter Kell. "Our report identifies the institutions' systemic failures in this area, which we are putting right by ensuring that customers ...

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
... The regulator did not identify the companies responsible for specific figures, partly because, as ASIC deputy chair Peter Kell explained, standards of claims reporting are different between insurers; in fact, he said there is "next to no information ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
... appears to have seen the highest denial rates, with an average rate of 16%. Part of the problem, as ASIC deputy chair Peter Kell explained in a teleconference following the report's release, is that standards of claims reporting are different between ...

Findex hit with penalties

KERRIE SYDEE  |  MONDAY, 10 OCT 2016
... independence, is critical in order for consumers to make confident and informed financial decisions," ASIC deputy chair Peter Kell said. "This action puts the financial services sector on notice that ASIC is serious about tackling the inappropriate use ...

Former Westpac adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
... reporting obligations very seriously and we do not tolerate advisers who do not meet our standards." ASIC deputy chairman Peter Kell said: "This outcome shows that ASIC expects employees who are providing financial services to maintain high standards ...

LT Management fined over false SMSF advertising

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
... accounting services of RS Capital for a period of two years at a cost of $2200. Commenting on the case, ASIC deputy chairman Peter Kell said: "Accuracy in advertising is integral to maintaining consumer trust and confidence in the SMSF sector. Such conditions ...

ASIC bans fraudulent adviser

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
... enhance his reputation to clients and create an illusion that he was a highly successful trader." ASIC deputy chair Peter Kell said: "Dishonesty by any financial adviser will not be tolerated by ASIC. We will investigate and prosecute instances of dishonesty ...

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... ASIC will take action against financial advisers who do not comply with their obligations," said ASIC deputy chair Peter Kell. Elsewhere, an ASIC investigation has resulted in a former Sydney investment banker being charged. Darren Wayne Thompson pleaded ...