Australia's watchdog bans financial adviser

Pedro Gonçalves
clock
Australia's watchdog bans financial adviser

Australia's corporate regulator has banned a North Queensland financial adviser from providing financial services for four years for failing to comply with the best interests duty. The watchdog found that Peter Goudie failed to comply with financial services laws including the requirement to comply with the best interests duty and to prioritise his clients' interests. It followed ASIC surveillance of his activities when he was an authorised representative of Risk and Investment Advisors...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login