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

Search Results

Showing 351 - 360 of 425 results for "Financial Services business"

Super trustee faces ASIC probe

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
... These orders follow ASIC allegations that Solofuti was involved in the operation of an unlicensed financial services business between 2006 and 2007 known as the 'F. Solofuti Superannuation Fund' which offered individuals early access to their superannuation. ...

Liechtenstein blocks AML

RUTH LIEW  |  THURSDAY, 6 MAR 2008
... principality and its other European neighbours lies in the fact that approximately 90 per cent of its financial services business is provided to non-residents - international investors lured by the availability of "discrete" and flexible legal structures ...

Trust names GM

Eugene Quass has been appointed executive general manager of Trust's Financial Services division. "Eugene will be responsible for analysing, developing and implementing strategic directions for our Financial Services businesses," Jonathan Sweeney, Trust's ...

City Pac dumps MFS deal

RUTH LIEW  |  THURSDAY, 28 FEB 2008
... of City Pacific has resolved that "it will not make an offer for any assets owned by MFS Limited's financial services business." "After considering the merits of any proposed transaction, the Board has determined that it would not be in the best interests ...

AMP posts 47pc growth in fin services

RUTH LIEW  |  THURSDAY, 14 FEB 2008
... AMP has announced solid full year cashflows for 2007, including a whopping 47 per cent growth in its financial services business, which includes the firm's retail and wholesale superannuation divisions. AMP's underlying profit increased 10 per cent in ...

ASIC charges Fundamental adviser

MICHAEL HOBBS  |  THURSDAY, 31 JAN 2008
... this year, respectively from ASIC. Fundamental Group went into liquidation more than a year ago. The financial services business still owes investors almost $2.4 million.

MFS to split investment and leisure arms

Listed financial services and leisure group MFS Limited has announced it intends to separate its funds management and leisure business Stella into two ASX-listed companies subject to shareholder approval. The group said in an ASX statement that it expected ...

City Pacific to buy MFS

MICHAEL HOBBS  |  TUESDAY, 15 JAN 2008
... million new shares to MFS shareholders, assuming each share City Pacific receives is worth $3.70 and MFS financial services business holds a net debt of approximately $500 million. The offer excludes the purchase of Stella Tourism Group, which, earlier ...

Investec backs MainstreamBPO

MICHAEL HOBBS  |  TUESDAY, 13 NOV 2007
Investec Bank Australia has provided a $10 million debt facility to MainstreamBPO, enabling MainstreamBPO to buy Group Benefits and pursue its expansion strategy to become a back office processing service provider to the financial institutions. Group ...

Cairns planner jailed for fraud

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
... scheme and that Walters, Evans and Drury Management carried on an investment advice, securities and financial services business without a licence or licence exemption. ASIC permanently banned Walters from providing any financial services in September ...