Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 441 results for "Financial Services business"

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
... of obtaining property by deception, obtaining financial advantage by deception, theft and running a financial services business without a licence. An investigation by the Australian Securities and Investments Commission (ASIC) found that Patrick often ...

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
... and technology service providers, and giving ASIC greater power to ban individuals from managing a financial services business. It also raised the possibility of providing the regulator with greater product intervention and product banning powers. Looking ...

Industry funds must learn from banks: Equip

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
... just super. "The future of super is not just in super for super funds. We believe we're becoming a financial services business. We've got a financial advice arm, and a lot of the member relationship is going to be built around education and advice." ...

Regulation holding financial services back: Brogden

MARK SMITH  |  TUESDAY, 11 FEB 2014
... Brogden has blamed "out-dated" regulation and taxation for Australia's failure to effectively export its financial services business. In the FSC's Budget submission, Brogden pointed out that at 8.7% of GDP, financial services is the largest sector in ...

Mercer wins Mercy Super admin gig

JAMES FERNYHOUGH  |  MONDAY, 3 FEB 2014
... and funds under management of $900 million, making it Mercer's largest Queensland client. Mercer's financial services business leader Ben Walsh said of the deal: "We are looking forward to working closely with Mercy Super to support them in building ...

NGS Super launches direct investment platform

MARK SMITH  |  THURSDAY, 30 JAN 2014
... program with Mercer so they can advise members on how to use the platform. Ben Walsh, leader of Mercer's Financial Services Business for the Pacific region said that the platform's design sought to gain economies of scale while still tailoring the product ...

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 ...