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Showing 1131 - 1140 of 1277 results for "AFS"

AMP hit by lower discretionary contributions

MICHELLE BALTAZAR  |  TUESDAY, 21 OCT 2008
... Services managing director Craig Meller said that the ongoing market volatility is likely to continue to have an impact on the AFS business. On the plus side, AMP should benefit from tender wins worth around $200 million by its corporate super business. ...

ASIC suspends WA AFSL

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
The Australian Securities and Investments Commission (ASIC) suspended the licence of West Australian based Concentric Wealth Management after it found it couldn't manage it's own debt. In August Mervyn Kitay was appointed receiver manager of Cottesloe ...

ASIC freezes $1m investor funds

MICHAEL HOBBS  |  TUESDAY, 16 SEP 2008
The Australian Securities and Investments Commission (ASIC) is protecting more than $1 million invested in an alleged illegal investment scheme after gaining an interim order from the Supreme Court of New South Wales. The court order freezes offshore ...

Van Eyk most popular ratings agency: Rainmaker

ALEX DUNNIN  |  TUESDAY, 12 AUG 2008
Van Eyk is the most widely used managed funds research rating agency, followed by Morningstar and Lonsec, reveals new research released by Rainmaker. Rainmaker's latest Advantage report profiling the platform and advice sector noted that despite these ...

Industry backs ASIC 'super snapshot'

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Super fund industry bodies welcomed the Australian Securities and Investments Commission's (ASIC) consultation paper, declaring it will boost super fund member engagement and improve retirement savings. The consultation paper 101 Superannuation forecasts ...

Planners buy 15pc stake in TSG

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
... dealer group. TSG manages more then $700 million on behalf of clients. In July last year, Australian Financial Services Group (AFS) purchased a significant holding in TSG, however both AFS and TSG operate under separate licenses, brands and offices. ...

ASIC bans Oxford Investments

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
The Australian Securities & Investments Commission (ASIC), backed by the Federal Court of Australia, banned Tasmanian based Oxford Investments Tasmania and its sole director for advising on financial products for 10 years. As a result, the firm and ...

AdviserLogic launches planner-friendly software

It was more than three years in the making but a former financial planner has collaborated with a tax specialist and a leading IT expert to create a planning software that promises a better IT platform for small to mid-size planning practices. AdviserLogic ...

Ex-AFS distribution head joins FPSA

RUTH LIEW  |  WEDNESDAY, 18 JUN 2008
... level. Ryan has extensive experience in the financial planning industry and was most recently the head of distribution with AFS. He has more than 20 years experience in the financial services sector and his background includes stockbroking, planning ...

MGI buys Omega stake

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
Macquarie Global Investments has purchased a 19.9 per cent stake in Melbourne-based boutique investment management business Omega Global Investors. Omega Global Investors' (Omega) management team includes three former Vanguard employees including George ...