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Showing 411 - 420 of 426 results for "Financial Services business"

AMP to brief analysts today on HHG

AAP  |  FRIDAY, 28 NOV 2003
Financial services group AMP Ltd will brief analysts this morning on the planned listing of its British business HHG plc. AMP said yesterday listing particulars for HHG, the UK-based operations of AMP to be formed post the group's proposed demerger ...

Challenger, CPH to pay each other $100m under proposal

AAP  |  MONDAY, 10 NOV 2003
... corporatise Challenger," Mr Cuffe said in a statement today. "The existing trust structure is unusual for a financial services business and has received criticism from a number of existing and interested investors." Challenger said it would put the corporatisation ...

AMP share price opens lower after Cicutto comments

... Friday's comments were designed to place a cap on the AMP share price. In purchasing the Australian Financial Services business of the AMP, the NAB would effectively be building the largest distribution platform in the Australian managed funds industry. ...

New licensing guide for AFS applicants: ASIC

... continued, "The first step for applicants is to identify the financial obligations relevant to their financial services business. The majority of licensees with less complex businesses will generally need to demonstrate solvency, positive net assets ...

NAB commits to expanding wealth management capabilities

National Australia Bank (NAB) has hinted it remains interested in acquiring the Australian Financial Services business of the AMP, today saying it will continue to invest in the bank's wealth management capabilities in Australia and the United Kingdom. ...

AMP shares up on hopes of reinsurance sale

AAP  |  WEDNESDAY, 8 OCT 2003
Shares in AMP Ltd rose by more than one per cent in early trade today amid reports that it could be close to selling its global reinsurance business for $600 million. AMP's shares were eight cents or 1.21 per cent higher at $6.70 by 1057 AEST. Analysts ...

Advisors in Australia must hold license: ASIC

A Supreme Court order today requires those operating financial services business from Australia must hold an Australian Financial Services (AFS) License, even if their services are provided to clients outside of Australia. The order comes after an ASIC ...

AMP discusses capital raising plans

... Ltd said in a statement to the market this morning. Earlier today it was reported that the troubled financial services business is reportedly finalising plans for a $1.15 billion rights issue to bolster the financial position of its Australian operations ...

AMP to close its UK pensions entity NPI to new business

... cost of managing the NPI book." NPI is the specialist pensions provider within AMP's UK Contemporary Financial Services business unit. The closure of the NPI book to new business means that all AMP's UK-based life companies are closed to new business ...

ASIC takes legal action against company for cold calling investors

... promotion or offer of shares in a body corporate. ASIC alleges Morgan Price broke the law by operating a financial services business without holding the required Australian licence to do so. AISC further alleges that the conduct of Morgan Price and its ...