ASIC has taken decisive action against South Australian accountant Jason Richard Poser. He has been permanently banned after being convicted of aggravated theft.
The conviction stems from Mr Poser stealing funds from his clients’ self-managed superannuation funds (SMSFs). These funds were meant to meet clients’ SMSF tax obligations.
ASIC can permanently ban individuals from providing financial services under the Corporations Act if they are convicted of fraud. This includes offences involving dishonesty.
Mr Poser’s ban prohibits him from:
– Providing any financial services
– Performing any functions in a financial services business
– Controlling any entity that operates a financial services business
The ban took effect on 1 August 2025. Mr Poser’s details have been recorded on ASIC’s banned and disqualified register.
Mr Poser was an authorised representative of Super Guardian Pty Ltd from 5 July 2016 to 29 June 2020. In August 2024, he was sentenced to seven years in prison for his crimes. He will be eligible for parole in July 2028.
Mr Poser has the right to appeal ASIC’s decision to the Administrative Review Tribunal.