A Queensland adviser who was found to have churned life insurance policies has been banned from the industry for five years.

Dean Hartmann was the authorised representative of his own practice, Hart Ensole, in Toowoomba.

An Australian Securities and Investments Commission review of client files found he failed to act in clients’ best interests when advising on life insurance, encouraging them to switch policies without demonstrating why they should.

Mr Hartmann did not conduct reasonable investigations into clients’ objectives for insurance requirements.

When he returns to the industry, he will be required to adhere to a number of supervision requirements.