peter kell

Superannuation

ASIC reinforces problem of property spruikers in SMSFs

ASIC Commissioner Peter Kell has pointed to poor quality advice with respect to SMSFs and the influence of real property spruikers....

Financial planning

Do cheap dealer groups spell bad compliance?

Industry commentators claim low-cost dealer groups could be an accident waiting to happen....

Financial planning

Bank of Queensland customers to be refunded

The Bank of Queensland will have to refund approximately $12 million to around 6000 mortgage customers following a system error....

Financial planning

ASIC warns public of email scam

The regulator has warned the public to be wary of an email claiming to be from Sydney Credit Union which contains reference to ASIC chairman Greg Medcraft....

Editorial

A presumption of guilt without evidence?

“If you don’t think financial advice on life insurance is a problem area for ASIC and for industry, please think again.” ...

Life/Risk

Listen to ASIC’s churn warning, says Brogden

FSC chief executive John Brogden has once again called upon the life insurance industry to heed ASIC’s warning and self-regulate on churn while it can....

Life/Risk

Show us the evidence of churn - Trapnell

Synchron’s Don Trapnell calls for proof to justify ASIC’s concern on churn....

Financial planning

FOFA a prerequisite for professionalism – Kell

ASIC Commissioner Peter Kell suggests embracing the purpose of FOFA is necessary for planning to become a profession....

Life/Risk

ASIC will not give up on churn issue

There have been too many bad practices with respect to churn for the regulator to abandon this issue, according to ASIC Commissioner Peter Kell....

Life/Risk

Inaction on churn could trigger ASIC regulations: Brogden

John Brogden said the industry’s failure to self-regulate on churn carries the risk of regulator action....

Policy & Regulation

Credit licence banned in ASIC’s targetting of dodgy operators

Following ASIC’s introduction of new credit reforms, an operator and its director have been banned from conducting any credit business....

Superannuation

SMSF sector now too big for the regulators to ignore – or let fail

Mike Taylor writes that recent actions on the part of both ASIC and APRA suggest that the SMSF sector has become too large for any of the regulators to ignore....

Editorial

SMSF sector now too big for the regulators to ignore – or let fail

Mike Taylor writes that recent actions on the part of both ASIC and APRA suggest that the SMSF sector has become too large for any of the regulators to ignore....

Funds management

ASIC puts MDAs under review

Managed discretionary accounts (MDAs), which allow advisers to run direct equities portfolios for their clients, are under review by the Australian Securities and Investm...