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Showing 451 - 460 of 885 results for "Australian Financial Services"

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
The Australian Securities and Investments Commission (ASIC) has cancelled seven Australian financial services (AFS) licenses that did not comply with professional indemnity (PI) insurance obligations. The review targeted licensees which had not requested ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... the Asia Region Funds Passport, and said a future Labor government would be committed to exporting Australian financial services. Read all Financial Standard coverage of the FSC Annual ConferenceA here

Financial services export industry must rival iron ore

MARK SMITH  |  THURSDAY, 7 AUG 2014
... coordination body to be established to progress international financial integration and to promote Australian financial services in the Asia Region," Cooper said. Read all Financial Standard coverage of the FSC Annual ConferenceA here

Fortnum completes ANZ buy-out

ALICE URIBE  |  WEDNESDAY, 6 AUG 2014
Fortnum has become of Australia's largest independently-owned Australian Financial Services Licensees after completing a multi-million dollar deal to buy-out ANZ's 20% stake in the company. Fortnum's management, staff and financial advisers raised the ...

Countplus' TFS increases equity in advice firm

STAFF WRITER  |  TUESDAY, 5 AUG 2014
Countplus-owned Total Financial Solutions (TFS) has brought a financial advice firm under its Australian financial services (AFS) license and has acquired equity on one of its practices. Hunter Financial Planning will now operate under TFS' license ...

Licensee under ASIC scrutiny after employing AAA advisers

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... appointed a number of former representatives of AAA Financial Intelligence and AAA Shares after their Australian financial services (AFS) licenses were cancelled by the regulator in February 2013. ASIC identified numerous instances where financial product ...

ASIC puts hold Custom Wealth's AFSL

STAFF WRITER  |  TUESDAY, 22 JUL 2014
Brisbane-based Custom Wealth Solutions has also lost its Australian financial services (AFS) licence for three months. ASIC suspended the group's licence after it entered into receivership on June 11, 2014. The regulator has also permanently banned ...

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
Eight advice businesses have had their Australian financial services (AFS) licenses cancelled after an Australian Securities and Investments Commission (ASIC) review into licensees that failed to lodge audited annual statement. The review has resulted ...

BT launches Avaloq-powered platform

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
... We are looking forward to continuing this relationship as we roll out this important new phase in Australian Financial Services," BT Financial Group general manager, platforms and operations John Shuttleworth said. Avaloq Regional General Manager Asia ...

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
... details on the bank's plans for the compensation process. ASIC has imposed licence conditions to the Australian financial services licence (AFSL) of CFPL and Financial Wisdom. The new conditions will force both businesses to reopen compensation processes ...