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Showing 431 - 440 of 885 results for "Australian Financial Services"

Unlicensed Torquay adviser gets 7 year ban

LAURA MILLAN  |  MONDAY, 17 NOV 2014
... authorised to do so. Shore Capital initially traded on behalf of retail clients without holding an Australian financial services (AFS) licence. Later, it traded on behalf of retail clients when it held an AFS licence for the provision of services to ...

ASIC to watch CBA advisers closely

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
... CBA's planning arms, as well as affected customers. KordaMentha's appointment is part of the varied Australian financial services licence (AFSL) conditions imposed by ASIC to Commonwealth Financial Planning and Financial Wisdom. As part of the additional ...

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
Westpac chief executive of Australian financial services Brian Hartzer has ruled out any sweeping changes to the bank's leadership team when he takes over as top chief executiveA from Gail Kelly on 1 February 2015. At a press conference in Sydney today ...

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
... role of chief executive at Westpac on February 1, 2015 to be replaced by Westpac chief executive of Australian financial services Brian Hartzer. Westpac Chairman Lindsay Maxsted said Kelly, who has led Westpac for seven years, was leaving the bank in ...

ASIC takes SMSF property spruikers to court

LAURA MILLAN  |  WEDNESDAY, 12 NOV 2014
... declarations that Park Trent is unlawfully carrying on a financial services business without an Australian financial services (AFS) licence. ASIC is also seeking orders requiring Park Trent to notify current and former clients about the proceeding and ...

New Fortnum advice business targeting accountants

MARK SMITH  |  WEDNESDAY, 12 NOV 2014
... estate planning and asset protection. Fortnum expects a wave of accountants to apply for a limited Australian financial services licence (AFSL) in 2015 as the accountants' exemption draws nearer. The new subsidiary is headed by chartered accountant and ...

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
... to $7.56 billion. Westpac chief executive Gail Kelly said: "While all divisions performed well, Australian Financial Services [of which BTFG is apart] has had a particularly strong year. All businesses in AFS delivered double digit earnings growth, with ...

UK advice giant deVere enters Australia

MARK SMITH  |  THURSDAY, 30 OCT 2014
... Australia is being facilitated by the recent acquisition of Meridian Financial Pty Limited, which has an Australian Financial Services License. "Meridian Financial's existing clients will continue to receive top level service and advice and will now ...

Government clarifies adviser register funding

LAURA MILLAN  |  MONDAY, 27 OCT 2014
... register of financial advisers will raise $5 million over the next four years by increasing the Australian Financial Services (AFS) licensee annual lodgement fee with the Australian Securities and Investments Commission (ASIC). A spokesperson for Finance ...

Arthur's back. Wait, no he's not

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  FRIDAY, 24 OCT 2014
... increasing the current lodgement fee at the Australian Securities and Investments Commission for Australian Financial Services licensees by $5 to $44. Financial Planning Association boss Mark Rantall said it was a "big step" in the right direction. "When ...