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Showing 281 - 290 of 425 results for "Financial Services business"

Accountant guilty of operating 21 unregistered schemes

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... using his position as a director using investor funds totaling almost $550,000 and of carrying on a financial services business without an Australian financial services (AFS) licence. Between 1998 and 2010 more than 1000 investors placed more than $100 ...

Mercer picks Milestone's APRA reporting solution

JAMES FERNYHOUGH  |  WEDNESDAY, 6 NOV 2013
... data from investment managers, custodians and member administrators. Ben Walsh, Leader of Mercer's Financial Services business in the Pacific, said: "The APRA requirements are significant for our administration clients. It is important we continue to ...

Mercer gets approval for MySuper product

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
... invest in lower volatility shares leading up to retirement to better manage risk," Mercer leader of Financial Services Business Pacific Ben Walsh said. "We also allocate a higher proportion to tax-aware Australian share strategies in retirement to improve ...

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
... two-year period and implement any recommendations made by the independent expert. Roco is a Sydney-based financial services business trading as Roco Forex which provides services in foreign exchange and derivatives. Roco's main business is dealing and ...

Great rotation is all in the mind: PIMCO

JAMES FERNYHOUGH  |  TUESDAY, 9 JUL 2013
... management at PIMCO Australia, said. Harvey Kalman, head of Equity Trustees Limited corporate fiduciary and financial services business, said that there is a particularly high level of demand for fixed income funds. "PIMCO has a long and stable track ...

Platforms to explain choice of investment products

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Committee (ASIC) has updated its platform guidance to require platform operators to explain how they choose the products on offer to investors. The new requirements follow the last review of the sector, which ...

Mortgage Choice teams up with Allianz to provide insurance

LAURA MILLAN  |  MONDAY, 6 MAY 2013
Mortgage Choice has partnered with Allianz as part of its transition towards becoming a broader financial services business and will provide general insurance. Mortgage Choice goal is to broaden its customer proposition by providing financial services ...

ASIC winds up 3 fraudulent QLD financial services companies

LAURA MILLAN  |  MONDAY, 29 APR 2013
The Supreme Court of Queensland has ordered three financial services companies to be wound up after they defrauded approximately $1 million between May and October 2012. An Australian Securities and Investments Commission (ASIC) investigation discovered ...

ASIC accepts enforceable undertaking from City Index

LAURA MILLAN  |  WEDNESDAY, 10 APR 2013
... internal reporting procedures to ensure timely escalation of issues to senior management. CIA operates a financial services business that enables investors to trade in over-the-counter (OTC) derivatives such as OTC contracts for difference and foreign ...

IOOF posts $33.2m profit

BEN COLLINS  |  MONDAY, 25 FEB 2013
Listed wealth manager IOOF has announced a $33.2 million net profit after tax for the period to 31 December. "IOOF has delivered another solid underlying performance amidst an ever-changing financial and regulatory environment," said Christopher Kelaher ...