ASIC has permanently banned South Australian based SMSF accountant Jason Richard Poser following his conviction of aggravated theft.
The conviction related to Mr Poser stealing funds from his client's SMSFs. These funds were payments used to satisfy the client's SMSF tax obligations.
Under the Corporations Act, ASIC may permanently ban a person from providing financial services if they are convicted of fraud which includes offences involving dishonesty.
Mr Poser has been banned permanently 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.
The banning took effect from 1 August 2025.
Mr Poser's banning has been recorded on ASIC's banned and disqualified register.
Background
Mr Poser was an authorised representative of Super Guardian Pty Ltd (ACN 113 986 968, AFSL 485643) from 5 July 2016 to 29 June 2020.
In August 2024, Mr Poser was convicted of aggravated theft under s134 of the Criminal Law Consolidation Act and sentenced to seven years imprisonment. Mr Poser will be eligible for parole in July 2028.
Mr Poser has the right to appeal to the Administrative Review Tribunal for a review of ASIC's decision.
