Friday 7 June 2013. ASIC found that Mr Priestley did not have a proper understanding of financial services laws and that he is not competent to provide financial services. Lifestyle Asset Management Group Pty Ltd Lifestyle Investor Services Pty Ltd (LIS) Lifestyle Trader Pty Ltd (Trader) Lifestyle Private Wealth Pty Ltd, and Aussie Rob Financial Services Pty Ltd (ARFS).
Source: http://media.australia.gov.au/notify/click.cgi?url=http%3A%2F%2Fwww.asic.gov.au%2Fasic%2Fasic.nsf%2Fbyheadline%2F13%26%2345%3B134MR%2BASIC%2BBans%2BMurray%2BPriestley%2Bof%2Bthe%2BLifestyle%2BGroup%3FopenDocument&collection=releases&rank=31&auth=ln85X%2FRmaLajmokbIz7Xug
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