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Showing 1261 - 1270 of 1277 results for "AFS"

NAB expressed interest in AFS business: AMP

WITH AAP  |  FRIDAY, 29 AUG 2003
National Australia Bank Ltd expressed interest in acquiring AMP Ltd's Australian Financial Services (AFS) business through an "off market" sale back in May, it was revealed today. But NAB, which did not present an actual proposal, was told by AMP that ...

Colonial First State receives financial services licence

Large Australian fund managers have begun to receive their new Australian Financial Services Licences (AFSL), with Colonial First State Investments Limited among the first recipients. "It is a credit to our enthusiastic and committed staff that we have ...

ASIC accepts enforceable undertakings from two Lifetrack directors

The Australian Securities and Investments Commission (ASIC) has also accepted enforceable undertakings from Lifetrack Management Ltd and Messrs David Smith and Alan Rich, two of its directors. Lifetrack was the approved trustee of the AM Pooled Superannuation ...

ASIC releases updated guide for PS146 compliance, lodges Chapel Road appeal

... Australian Securities and Investments Commission (ASIC) today released an updated version of its guide Small business and your AFS licence: Compliance with Policy Statement 164, aimed at small businesses applying for, or holding, an Australian financial ...

ASIC releases class order exemption relating to AFSL requirements

The Australian Securities and Investments Commission (ASIC) has released a class order exemption relating to the requirement to hold an Australian financial services licence (AFSL) for the provision or giving of financial product advice in certain documents. ...

AFSA says ASIC fee model needs consumer testing

The Australian Securities and Investments Commission's (ASIC) newly released fee disclosure model represents important progress in helping consumers better understood fees and charges, the Association of Superannuation Funds of Australia (ASFA) has ...

ASIC obtains undertakings following Federal Court proceedings

The Australian Securities and Investments Commission (ASIC) has obtained undertakings from Henry Kaye and Alan Meagher, of National Investment Institute Pty Ltd (NII) and Novasource Consulting Pty Ltd, following proceedings commenced in the Federal ...

ASIC releases new licensing guide

... demonstrating compliance with organisational competency obligations, and explains how applicants for an Australian Financial Services (AFS) licence can demonstrate that they comply with ASIC's organisational competency obligations. "ASIC has issued this ...

APRA licensing process "easier" than AFSL: Littrell

The Australian Prudential Regulation Authority (APRA) has moved to allay fears among superannuation funds about the potential burdens of its trustee licensing process, declaring they will find it "easier" than the Australian Securities and Investments ...

Funds split over need to apply for an AFS licence

Superannuation funds are apparently split on the issue of applying for an Australian Financial Services Licence (AFSL), according to a survey conducted by Towers Perrin of 17 of Australia's largest funds representing over $34 billion in assets and 450,000 ...