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Showing 531 - 540 of 905 results for "Australian Financial Service"

Former Everest CEO banned from financial services

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
Former chief executive of Everest Financial Group Jeremy Michael Reid has been banned from the financial services industry for two years. Reid has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Committee ...

Robbie Bennetts takes stake in Beacon

MARK SMITH  |  THURSDAY, 27 JUN 2013
Former Professional Investment Services (PIS) managing director Robbie Bennetts will take a stake in recently formed independent dealer group Beacon Financial Group. He will provide the firm access to tools developed by his consultancy business Robbie ...

AFA Adviser of the Year hands back AFSL, joins Affinia

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
Adviser Troy Edmondson has handed back his Australian financial services licence (AFSL) and is going to joining Affinia because compliance obligations were taking him away from his clients, he said. Edmondson has handed back the licence of Queensland-based ...

Whittaker Macnaught advisers to operate under Financial Wisdom

LAURA MILLAN  |  TUESDAY, 25 JUN 2013
Former Whittaker Macnaught advisers will operate under Commonwealth Bank-owned Financial Wisdom Australian Financial Services Licence (AFSL). Commonwealth Bank Wealth Management Advice said that this was the last step of its decision to close the Whittaker ...

Accountants eye full AFS licence

LAURA MILLAN  |  MONDAY, 24 JUN 2013
The accountant community is showing interest on getting a full Australian financial services (AFS) licence rather than a limited one, Count Financial (Count) chief executive David Lane told Financial Standard. Count has been in talks with over one hundred ...

ASIC releases more detail on limited AFS licence

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Australian Securities and Investments Commission (ASIC) has released guidance on applying for a limited Australian financial services (AFS) licence. The guide establishes the exact definition of a limited AFS licence and it gives more details on ...

Big groups court AFS advisers with inducements

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Australian Financial Services (AFS) Group practices have been offered substantial financial deals to join bigger groups after the group entered into administration, according to a former AFS chief executive. Beacon Financial managing director former ...

AFS goes into liquidation

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
The Australian Financial Services (AFS) Group has been placed into voluntary liquidation, according to the Australian Securities and Investments Commission (ASIC). The resolution to wind up the company was made yesterday by creditors. At the same time ...

Paragem FUA reaches $1.9bn after new mergers

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
Paragem Australian Financial Services Licence (AFSL)'s funds under advice (FUA) has reached $1.9 billion after three practices joined the group between May and June 2013. The practices are all fee-based and look after more than $280 million FUA, which ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
The number of unlicensed companies listed on the Australian Securities and Investments Commission (ASIC)'s online financial literacy website, MoneySmart, has grown to 696. China Environment Group Limited (CEG), based in the British Virgin Islands, has ...