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Showing 1 - 10 of 64 results for "ASIC deputy chairman Peter Kell"

ASIC remains firm on IFA definitions

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
... providers who were using the terms. The regulator reminded this period ends on 31 December 2017. ASIC deputy chairman Peter Kell said the law enforcement agency wants "to ensure that those providing financial services to consumers are accurately describing ...

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... personal risk insurance products and superannuation rollovers, representing a clear incentive. ASIC deputy chairman Peter Kell said: "This outcome makes clear to the industry the serious consequences of financial services licensees failing to comply ...

Former Financial Wisdom adviser banned

EMMA RAPAPORT  |  FRIDAY, 29 SEP 2017
... cross-endorsed authorised representative of Commonwealth Financial Planning and Dover Financial Advisers. ASIC deputy chairman Peter Kell said the regulator will continue to take action and remove advisers who engage in serious misconduct and breach ...

Former AMP adviser banned for $2.5m fraud

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2017
... Tasmania described Noonan's crimes as "egregious violations of his fiduciary duty to his clients." ASIC deputy chairman Peter Kell said: "ASIC will act to remove people from the credit and financial services industry who act dishonestly and breach the ...

ASIC calls on NAB to improve disclosure

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
... invested in related products to acknowledge the issue and provide corrective disclosure. Commenting, ASIC deputy chairman Peter Kell said: "This investigation is a result of ASIC's priority of improving compliance and disclosure standards in vertically ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
... funds it wrote to had assets exceeding $10 billion while the remaining 19 were smaller funds. ASIC deputy chairman Peter Kell said the economic significance of superannuation meant information about the superannuation industry should be transparent ...

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 ...

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 ...
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