今日热门事件has made an order to permanently ban former Western Australia based financial adviser, Neville Allan Kendrick.
Mr Kendrick has been banned from
- providing any financial services
- performing any function involved in the carrying on of a financial services business, and
- controlling an entity that carries on a financial services business.
今日热门事件found that Mr Kendrick provided financial services when he was not licensed or authorised, made materially misleading statements to induce investors, and acted dishonestly by making false statements.
今日热门事件also had reason to believe that Mr Kendrick lacks the fitness and propriety, and the training and competence, required to participate in the Australian financial services industry.
The banning took effect from 22 April 2025.
Mr Kendrick鈥檚 banning has been recorded on ASIC's banned and disqualified register.
Mr Kendrick has the right to appeal to the Administrative Review Tribunal for a review of ASIC鈥檚 decision.
Background
Mr Kendrick has not been licensed or authorised to provide financial services under an Australian financial services licence since 30 September 2022.
Mr Kendrick was an authorised representative of Great Southern Securities Pty Limited between 8 March 2004 and 21 October 2005, Professional Investment Services Pty Ltd between 22 July 2009 and 7 April 2010, Jigsaw Support Services Pty Limited between 9 April 2010 and 2 August 2012, Charter Financial Planning Limited between 2 August 2012 and 7 August 2015, and On Q Securities Pty Ltd from 8 August 2015 and 30 September 2022.