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Showing 1221 - 1230 of 1277 results for "AFS"

SwimEC off to flying start

After seven years in the making the financial services industry has launched its swimEC electronic standard, which aims to standardise electronic superannuation transfers across the industry. The swimEC (superannuation, wealth and investment management ...

AFS licensees behind the eight ball with account lodgement

Almost 15 per cent of Australian financial services (AFS) licensees are overdue with lodging their 2004 annual accounts and auditor reports with the Australian Securities and Investments Commission (ASIC). The 618 licensees with overdue accounts were ...

Super choice will place more emphasis on planners' professional development

Mercer Wealth Solution has implemented five new professional development and compliance procedures after the wealth manager predicted the key to financial adviser survival in the choice of fund environment will be dependant upon his or her continual ...

AFSLs growing in number

... their requests can refer to the various publications ASIC has supplied for this purpose including parts one and two of the 'AFS Licensing Kit', as well as 'How to vary your AFS Licence'. ASIC executive director of financial services regulation Ian Johnston ...

Licensing relief for securitisation special purpose vehicles

ASIC has granted securitisation special purpose companies and trustees dealing in and providing custodial services for financial products, an exemption from having to obtain an Australian Financial Services Licence (AFSL). The relief is effective as ...

New guidelines on conflicts for AFS applicants

... Reform Program (Audit Reform and Corporate Disclosure) (CLERP 9) legislation and have been reflected in the new versions of the AFS Licensing Kit and Small business and your AFS licence: Compliance with Policy Statements 164 and 181. According to ASIC ...

Australian Financial Services teams up with Russell

National financial planning group Australian Financial Services (AFS) has outsourced $180 million of investments to Russell's wholesale multi-manager funds. The outsourcing decision was made so AFS could rely on Russell's solid and consistent returns. ...

ASIC shuts down currency trading websites

ASIC will stop a number of electronic currency exchange businesses operating on the internet after the regulator became aware that three Australian-based businesses were operating without holding an Australian financial services licence (AFSL). The ...

Unlicensed company stopped from issuing securities

ASIC has prevented Ameya Computer Pty Ltd (Ameya) from offering financial products and conducting a financial services business without an Australian financial services licence (AFSL) after the company was caught advertising 'risk free' returns of 10 ...

Q3 $257 million net cash flow for AMP Financial Services

AAP  |  TUESDAY, 26 OCT 2004
AMP Financial Services (AFS) today reported net cash flows of $257 million for the third quarter of 2004. That compares to net outflows of $140 million for the same quarter last year. AFS managing director Craig Dunn said the better cash flows were ...