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Showing 111 - 120 of 152 results for "Australian Financial Services License"

Century Funds vies to take manager role from Opus

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... actions of Australian Securities and Investigation Commission (ASIC) to revoke the manager's Australian Financial Services license in August last year, only to have it reinstated when the manager appealed the decision in September. "The reason ASIC wanted ...

Tasmanian former adviser charged for no AFSL

MEDIA RELEASE  |  TUESDAY, 23 NOV 2010
... Vafiadis, previously of Hobart, has been charged for running an advice business without an Australian Financial Services license. Vafiadis appeared in the Hobart Magistrates' Court charged with two counts of carrying on a financial services business ...

AIOFP appoints directors

MEDIA RELEASE  |  FRIDAY, 22 OCT 2010
... practices must not have any ownership from a financial institution and operate their own Australian Financial Services License.

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... provided the besieged property fund manager with a lifeline. ASIC cancelled Opus Capital's Australian financial services license (AFSL) in August after the company "failed to rectify an ongoing breach of the net tangible assets (NTA) condition of its ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
Westpoint investors in ASIC's class against Glenhurst Corporation will receive their share of $24.5 million recovered to date by the corporate regulator. The Glenhurst settlement, worth $2.5 million, is one of six reached by ASIC on behalf of investors ...

New credit ratings agency in town

COMPANY RELEASE  |  FRIDAY, 26 MAR 2010
... Agency. According to a press release, CSC is the first Australian-owned CRA to obtain an Australian Financial Services License to provide credit ratings. The company joins the ranks of Standard & Poor's, Moody's Investors Service and Fitch Ratings, as ...

Advisers to boost political clout

RUTH LIEW  |  MONDAY, 8 MAR 2010
Licensees and advisers have a new platform to get a clear message to the Government about the value of advice, at a time when the retail industry "has been found wanting", said AFA chief, Richard Klipin. The new Licensee Leadership Forum (LLF) operates ...

Introducing Chris Condon Fin Services

RUTH LIEW  |  FRIDAY, 26 FEB 2010
Chris Condon, former chief investment officer of MLC, is currently applying for an Australian Financial Services License to provide investment and governance advice to institutional investors, and help them engage with asset consultants. Condon announced ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
AMP's financial planners have thrown their support behind an approved product list (APL) that does not include any commissions - and fund managers keen to keep their business are fast adjusting to the change. Steve Helmich, director Financial Planning ...

ASIC enforces AFSLs for margin lenders

ASIC RELEASE  |  TUESDAY, 2 FEB 2010
... and advisers of margin lending facilities will have five months to apply for a mandatory Australian Financial Services license - or face closing shop. Existing margin lenders and advisers on margin loans must apply to ASIC for an AFSL authorisation between ...