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ASIC says Mr Xu has failed to comply with financial services laws including the best interests duty.

ASIC bans Perth financial adviser

The Australian Securities and Investments Commission has banned Peter Jianchao Xu from providing financial services for five years, after surveillance showed Mr Xu providing improper advice to clients.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
271stLendlease17%20%
403rdWestpac-2%13%
416thTelstra-4%21%
443rdQantas-9%19%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Revenue

5th-Telstra$26,607.0m
6th↑Westpac$21,642.0m
9th-Qantas$16,200.0m
10th-Lendlease$15,350.3m
77 listed non wa companies ranked by revenue.
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